Gray Media Inc. (NYSE:GTN.A - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $8.97, but opened at $8.60. Gray Media shares last traded at $8.62, with a volume of 1,291 shares traded.
Gray Media Trading Down 4.6%
The company has a market capitalization of $868.78 million, a PE ratio of 3.70 and a beta of 1.02. The company has a debt-to-equity ratio of 3.48, a current ratio of 0.91 and a quick ratio of 0.91. The firm's 50 day moving average is $7.88 and its 200 day moving average is $7.35.
Gray Media (NYSE:GTN.A - Get Free Report) last released 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 13.78% and a net margin of 7.72%.
Gray Media Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $0.08 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.32 annualized dividend and a yield of 3.74%. Gray Media's payout ratio is 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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