Gray Television, Inc. (NYSE:GTN.A - Get Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as $12.00 and last traded at $9.79, with a volume of 55098 shares changing hands. The stock had previously closed at $9.10.
Gray Television Stock Performance
The stock's 50 day moving average is $7.79 and its 200 day moving average is $7.32. The firm has a market cap of $967.70 million, a price-to-earnings ratio of 6.35 and a beta of 1.02. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 2.76.
Gray Television (NYSE:GTN.A - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.23) earnings per share (EPS) for the quarter. Gray Television had a return on equity of 9.60% and a net margin of 5.69%.
Gray Television Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given 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 3.36%. Gray Television's payout ratio is presently 13.85%.
Gray Television Company Profile
(
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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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