Gray Media Inc. (NYSE:GTN.A - Get Free Report) shares gapped up prior to trading 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.
Gray Media Stock Up 3.4%
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 cap of $1.08 billion, a price-to-earnings ratio of 4.61 and a beta of 1.01. The business's 50 day moving average is $8.23 and its 200 day moving average is $7.48.
Gray Media (NYSE:GTN.A - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($0.23) earnings per share for the quarter. Gray Media had a net margin of 7.72% and a return on equity of 12.75%.
Gray Media Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Friday, June 13th. Gray Media's payout ratio is presently 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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