Gray Media Inc. (NYSE:GTN.A - Get Free Report)'s share price gapped up prior to trading on Thursday . The stock had previously closed at $10.10, but opened at $10.50. Gray Media shares last traded at $10.69, with a volume of 6,270 shares trading hands.
Gray Media Stock Performance
The company has a debt-to-equity ratio of 2.56, a current ratio of 0.87 and a quick ratio of 0.87. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 7.04 and a beta of 1.10. The company has a fifty day moving average price of $10.22 and a two-hundred day moving average price of $8.36.
Gray Media (NYSE:GTN.A - Get Free Report) last announced its quarterly earnings data on Friday, August 8th. The company reported ($0.42) earnings per share for the quarter. The firm had revenue of $772.00 million during the quarter. Gray Media had a net margin of 5.64% and a return on equity of 10.31%.
Gray Media Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a $0.08 dividend. The ex-dividend date is Monday, September 15th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.0%. Gray Media's dividend payout ratio (DPR) is 21.19%.
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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