Gray Television, Inc. (NYSE:GTN.A - Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.15 and traded as low as $6.82. Gray Television shares last traded at $6.95, with a volume of 482 shares traded.
Gray Television Stock Up 8.8 %
The business has a 50-day moving average price of $7.05 and a 200-day moving average price of $7.15. The company has a market capitalization of $776.80 million, a price-to-earnings ratio of 5.10 and a beta of 0.94. The company has a quick ratio of 1.13, a current 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, February 27th. The company reported $1.59 earnings per share (EPS) for the quarter. The company had revenue of $1.05 billion 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 business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date of this dividend was Friday, March 14th. Gray Television's dividend payout ratio (DPR) is 9.61%.
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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