Gray Television, Inc. (NYSE:GTN.A - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.21 and traded as low as $6.20. Gray Television shares last traded at $6.62, with a volume of 3,755 shares trading hands.
Gray Television Price Performance
The stock has a fifty day moving average of $7.01 and a two-hundred day moving average of $7.19. The stock has a market cap of $688.46 million, a price-to-earnings ratio of 4.52 and a beta of 1.24. 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 posted its earnings results on Thursday, February 27th. The company reported $1.59 earnings per share for the quarter. The company had revenue of $1.05 billion for the quarter. Gray Television had a return on equity of 9.60% and a net margin of 5.69%.
Gray Television Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, March 14th. This represents a $0.32 annualized dividend and a yield of 4.72%. Gray Television's dividend payout ratio (DPR) is presently 9.61%.
About Gray Television
(
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.
See Also
Before you consider Gray Television, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gray Television wasn't on the list.
While Gray Television currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
