Gray Media Inc. (NYSE:GTN.A - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $9.90, but opened at $10.55. Gray Media shares last traded at $10.30, with a volume of 620 shares traded.
Gray Media Stock Performance
The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 6.90 and a beta of 1.13. The stock's 50 day moving average is $10.37 and its two-hundred day moving average is $8.91. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 2.56.
Gray Media (NYSE:GTN.A - Get Free Report) last posted its earnings results on Friday, August 8th. The company reported ($0.42) EPS for the quarter. The business had revenue of $772.00 million for the quarter. Gray Media had a return on equity of 10.31% and a net margin of 5.64%.
Gray Media Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.32 dividend on an annualized basis and a yield of 3.1%. Gray Media's dividend payout ratio (DPR) is 21.19%.
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.
Further Reading
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