Gray Media Inc. (NYSE:GTN.A - Get Free Report) saw an uptick in trading volume on Friday . 5,703 shares changed hands during mid-day trading, an increase of 85% from the previous session's volume of 3,080 shares.The stock last traded at $10.65 and had previously closed at $10.61.
Gray Media Price Performance
The company has a market cap of $1.08 billion, a price-to-earnings ratio of 4.61 and a beta of 1.10. 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's 50 day moving average price is $9.84 and its 200 day moving average price is $8.17.
Gray Media (NYSE:GTN.A - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($0.23) earnings per share (EPS) for the quarter. Gray Media had a return on equity of 12.75% and a net margin of 7.72%.
Gray Media Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a $0.08 dividend. The ex-dividend date was Friday, June 13th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.0%. Gray Media's dividend payout ratio is currently 13.85%.
Gray Media Company Profile
(
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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.
Further Reading
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