Shares of Gray Media Inc. (NYSE:GTN.A - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 1,216 shares changed hands during trading, a decline of 24% from the previous session's volume of 1,596 shares.The stock last traded at $11.57 and had previously closed at $11.21.
Gray Media Trading Down 6.6%
The firm has a fifty day simple moving average of $10.27 and a 200-day simple moving average of $9.20. The firm has a market cap of $1.09 billion, a P/E ratio of 7.05 and a beta of 1.10. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.87 and a quick ratio of 0.87.
Gray Media (NYSE:GTN.A - Get Free Report) last announced its quarterly earnings results on Friday, August 8th. The company reported ($0.42) earnings per share (EPS) for the quarter. The firm had revenue of $772.00 million during the quarter. Gray Media had a return on equity of 10.31% and a net margin of 5.64%.
Gray Media Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $0.08 dividend. The ex-dividend date was Monday, September 15th. This represents a $0.32 annualized dividend and a yield of 3.0%. Gray Media's dividend payout ratio is presently 21.19%.
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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