Gray Media Inc. (NYSE:GTN.A - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 18,519 shares traded hands during mid-day 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 stock has a market capitalization of $1.05 billion, a P/E ratio of 4.49 and a beta of 1.02. The stock's fifty day moving average is $8.14 and its 200-day moving average is $7.45. The company has a debt-to-equity ratio of 2.48, a current ratio of 0.91 and a quick ratio of 0.91.
Gray Media (NYSE:GTN.A - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.23) earnings per share for the quarter. Gray Media had a return on equity of 12.75% and a net margin of 7.72%.
Gray Media Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.32 annualized dividend and a yield of 3.09%. Gray Media's dividend payout ratio is currently 13.85%.
About Gray Media
(
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.
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