Shares of Gray Television, Inc. (NYSE:GTN.A - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $8.00, but opened at $7.73. Gray Television shares last traded at $7.95, with a volume of 378 shares.
Gray Television Stock Down 0.6%
The firm's fifty day moving average is $7.39 and its two-hundred day moving average is $7.16. The firm has a market cap of $807.27 million, a price-to-earnings ratio of 5.30 and a beta of 1.04. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.13 and a quick ratio of 1.13.
Gray Television (NYSE:GTN.A - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.23) earnings per share for the quarter. Gray Television had a net margin of 5.69% and a return on equity of 9.60%.
Gray Television Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a $0.08 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.32 annualized dividend and a dividend yield of 4.03%. Gray Television's dividend payout ratio (DPR) is presently 13.85%.
About Gray Television
(
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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