Gray Television, Inc. (NYSE:GTN.A - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $7.09, but opened at $6.88. Gray Television shares last traded at $6.79, with a volume of 4,125 shares changing hands.
Gray Television Stock Up 3.8 %
The firm has a market capitalization of $710.29 million, a PE ratio of 4.66 and a beta of 0.94. The stock has a 50-day simple moving average of $7.06 and a 200-day simple moving average of $7.16. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 2.76.
Gray Television (NYSE:GTN.A - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported $1.59 earnings per share for the quarter. The company had revenue of $1.05 billion during the quarter. Gray Television had a return on equity of 9.60% and a net margin of 5.69%.
Gray Television Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 4.57%. The ex-dividend date of this dividend was Friday, March 14th. Gray Television's dividend payout ratio (DPR) is presently 9.61%.
Gray Television Company Profile
(
Get Free Report)
Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.
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