Shares of Gray Media Inc. (NYSE:GTN.A – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $15.33 and last traded at $12.6650, with a volume of 260772 shares trading hands. The stock had previously closed at $14.02.
Gray Media Stock Performance
The stock has a market cap of $1.20 billion, a P/E ratio of 28.70 and a beta of 0.90. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 2.60. The stock has a 50 day simple moving average of $11.47 and a 200 day simple moving average of $10.38.
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.
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