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 $7.43, but opened at $7.98. Gray Television shares last traded at $6.96, with a volume of 3,573 shares.
Gray Television Price Performance
The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 2.76. The company has a 50 day simple moving average of $7.13 and a 200-day simple moving average of $7.32. The stock has a market cap of $646.84 million, a price-to-earnings ratio of 4.33 and a beta of 1.21.
Gray Television (NYSE:GTN.A - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported $1.59 earnings per share for the quarter. Gray Television had a net margin of 5.69% and a return on equity of 9.60%. The firm had revenue of $1.05 billion during the quarter.
Gray Television Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date of this dividend is Friday, March 14th. Gray Television's payout ratio is 9.61%.
About Gray Television
(
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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.
Further Reading
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