Gray Media Inc. (NYSE:GTN.A - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $10.86, but opened at $10.32. Gray Media shares last traded at $10.21, with a volume of 280 shares.
Gray Media Price Performance
The company has a debt-to-equity ratio of 2.48, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 4.47 and a beta of 1.08. The business's 50 day simple moving average is $8.37 and its 200-day simple moving average is $7.52.
Gray Media (NYSE:GTN.A - Get Free Report) last released its quarterly 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 Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were issued a $0.08 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.10%. Gray Media's 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.
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