Gray Media Inc. (NYSE:GTN.A - Get Free Report) was up 8.8% during mid-day trading on Thursday . The stock traded as high as $9.50 and last traded at $9.54. Approximately 1,321 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 8,284 shares. The stock had previously closed at $8.77.
Gray Media Trading Up 20.5%
The firm has a 50-day simple moving average of $8.23 and a 200-day simple moving average of $7.48. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 2.48. The stock has a market cap of $1.16 billion, a PE ratio of 4.96 and a beta of 1.01.
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 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 disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.79%. Gray Media's dividend payout ratio (DPR) is currently 13.85%.
About Gray Media
(
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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