Gray Media Inc. (NYSE:GTN.A - Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 18,519 shares traded hands during trading, an increase of 122% from the previous session's volume of 8,331 shares.The stock last traded at $10.37 and had previously closed at $9.50.
Gray Media Price Performance
The firm has a market cap of $1.07 billion, a PE ratio of 4.58 and a beta of 1.01. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 2.48. The company has a 50 day moving average price of $8.23 and a 200 day moving average price of $7.48.
Gray Media (NYSE:GTN.A - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($0.23) earnings per share for the quarter. Gray Media had a net margin of 7.72% and a return on equity of 12.75%.
Gray Media Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.08 per share. The ex-dividend date is Friday, June 13th. This represents a $0.32 annualized dividend and a dividend yield of 3.03%. Gray Media's dividend payout ratio is currently 13.85%.
Gray Media Company Profile
(
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.
Featured Stories
Before you consider Gray Media, 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 Media wasn't on the list.
While Gray Media currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
