Gray Television, Inc. (NYSE:GTN.A - Get Free Report)'s stock price traded up 5.2% on Thursday . The company traded as high as $6.32 and last traded at $6.54. 103 shares traded hands during trading, a decline of 99% from the average session volume of 7,951 shares. The stock had previously closed at $6.21.
Gray Television Stock Performance
The company has a market cap of $701.66 million, a P/E ratio of 4.61 and a beta of 1.24. The business has a fifty day moving average of $7.00 and a 200 day moving average of $7.17. 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 announced its earnings results on Thursday, February 27th. The company reported $1.59 earnings per share (EPS) for the quarter. The firm had revenue of $1.05 billion during the quarter. Gray Television had a return on equity of 9.60% and a net margin of 5.69%.
Gray Television Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.63%. 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.
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