Gray Media Inc. (NYSE:GTN.A - Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $10.67, but opened at $11.26. Gray Media shares last traded at $12.19, with a volume of 1,186 shares changing hands.
Gray Media Stock Down 3.7%
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 stock has a market capitalization of $1.08 billion, a PE ratio of 4.58 and a beta of 1.08. The company has a 50 day moving average price of $9.48 and a 200-day moving average price of $7.97.
Gray Media (NYSE:GTN.A - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($0.23) earnings per share (EPS) for the quarter. Gray Media had a net margin of 7.72% and a return on equity of 12.75%.
Gray Media Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 3.02%. The ex-dividend date was Friday, June 13th. Gray Media's dividend payout ratio (DPR) 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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