Shares of Gray Television, Inc. (NYSE:GTN.A - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $7.10, but opened at $7.58. Gray Television shares last traded at $7.51, with a volume of 623 shares changing hands.
Gray Television Trading Up 4.2 %
The company has a debt-to-equity ratio of 2.76, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market capitalization of $737.04 million, a PE ratio of 4.93 and a beta of 1.21. The company's fifty day simple moving average is $7.10 and its 200-day simple moving average is $7.65.
Gray Television (NYSE:GTN.A - Get Free Report) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.86 earnings per share (EPS) for the quarter. The business had revenue of $950.00 million for the quarter. Gray Television had a net margin of 5.69% and a return on equity of 9.60%.
Gray Television Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 4.33%. The ex-dividend date of this dividend was Friday, December 13th. Gray Television's dividend payout ratio is currently 21.33%.
Gray Television Company Profile
(
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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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