Gray Media Inc. (NYSE:GTN.A - Get Free Report) shares traded up 8.1% on Friday . The stock traded as high as $10.54 and last traded at $10.82. 1,678 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 8,454 shares. The stock had previously closed at $10.00.
Gray Media Stock Performance
The firm has a market cap of $1.05 billion, a PE ratio of 4.46 and a beta of 1.08. The business has a 50 day simple moving average of $9.30 and a two-hundred day simple moving average of $7.89. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 2.48.
Gray Media (NYSE:GTN.A - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.23) EPS for the quarter. Gray Media had a return on equity of 12.75% and a net margin of 7.72%.
Gray Media Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 3.11%. The ex-dividend date of this dividend was Friday, June 13th. Gray Media's payout ratio is 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.
Further Reading
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