Shares of Gray Media Inc. (NYSE:GTN.A – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $12.52, but opened at $12.96. Gray Media shares last traded at $13.01, with a volume of 717 shares trading hands.
Gray Media Stock Down 3.3%
The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 2.66. The company has a market cap of $1.39 billion, a P/E ratio of -9.41 and a beta of 0.92. The company has a fifty day moving average of $12.08 and a 200 day moving average of $10.62.
Gray Media (NYSE:GTN.A – Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.22) earnings per share for the quarter. The business had revenue of $792.00 million during the quarter. Gray Media had a negative return on equity of 2.51% and a negative net margin of 2.75%.
Gray Media Company Profile
Gray Media, doing business as Gray Television, Inc, operates an extensive network of local television stations and digital platforms across the United States. The company’s broadcast portfolio offers a mix of network-affiliated programming—ranging from national news and entertainment from ABC, CBS, NBC and Fox—to locally produced content including news, sports and weather coverage. In addition to traditional broadcast, Gray Media provides digital advertising, streaming and over-the-top solutions through its websites, mobile apps and branded digital marketplaces.
Established in 1946 as Gray Communications Systems, the company went public in 2006 and adopted the Gray Television name in 2010.
See Also
Receive News & Ratings for Gray Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gray Media and related companies with MarketBeat.com's FREE daily email newsletter.
