Shares of Gray Media Inc. (NYSE:GTN.A - Get Free Report) saw unusually-high trading volume on Friday . Approximately 5,703 shares were traded 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's 50-day moving average is $9.80 and its two-hundred day moving average is $8.11. The company has a debt-to-equity ratio of 2.48, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a market cap of $1.08 billion, a P/E ratio of 4.61 and a beta of 1.08.
Gray Media (NYSE:GTN.A - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.23) 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 company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Friday, June 13th. 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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