Gray Media Inc. (NYSE:GTN.A - Get Free Report)'s stock price gapped up before the market opened on Monday . The stock had previously closed at $10.30, but opened at $11.05. Gray Media shares last traded at $10.81, with a volume of 1,345 shares changing hands.
Gray Media Trading Up 13.6%
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 company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 4.97 and a beta of 1.08. The firm has a fifty day moving average price of $8.44 and a 200-day moving average price of $7.54.
Gray Media (NYSE:GTN.A - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.23) earnings per share 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 disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were given a dividend of $0.08 per share. The ex-dividend date was Friday, June 13th. This represents a $0.32 annualized dividend and a dividend yield of 2.79%. Gray Media's dividend payout ratio is currently 13.85%.
About Gray Media
(
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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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