Gray Television, Inc. (NYSE:GTN.A - Get Free Report)'s stock price shot up 5% during trading on Thursday . The stock traded as high as $6.78 and last traded at $6.40. 5,379 shares were traded during trading, a decline of 32% from the average session volume of 7,923 shares. The stock had previously closed at $6.10.
Gray Television Stock Down 3.7 %
The firm has a 50 day moving average of $7.07 and a two-hundred day moving average of $7.25. The stock has a market capitalization of $655.46 million, a PE ratio of 4.30 and a beta of 1.24. The company has a current ratio of 1.13, a quick 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 results on Thursday, February 27th. The company reported $1.59 earnings per share for the quarter. Gray Television had a return on equity of 9.60% and a net margin of 5.69%. The business had revenue of $1.05 billion during the quarter.
Gray Television Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date of this dividend is Friday, March 14th. Gray Television's payout ratio is currently 9.61%.
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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