Gray Television, Inc. (NYSE:GTN.A - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $5.00, but opened at $5.67. Gray Television shares last traded at $5.98, with a volume of 274 shares.
Gray Television Stock Performance
The company has a current ratio of 1.13, a quick ratio of 1.63 and a debt-to-equity ratio of 2.76. The company has a 50-day moving average price of $7.40 and a two-hundred day moving average price of $8.09. The stock has a market capitalization of $685.73 million, a P/E ratio of 4.59 and a beta of 1.29.
Gray Television Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 4.65%. The ex-dividend date is Friday, December 13th. Gray Television's payout ratio is 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.
Further Reading
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