Gray Television, Inc. (NYSE:GTN.A - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $6.93, but opened at $6.73. Gray Television shares last traded at $6.91, with a volume of 108 shares trading hands.
Gray Television Price Performance
The company has a debt-to-equity ratio of 2.76, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market cap of $787.47 million, a price-to-earnings ratio of 5.17 and a beta of 0.94. The stock's fifty day moving average price is $7.08 and its 200-day moving average price is $7.15.
Gray Television (NYSE:GTN.A - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported $1.59 earnings per share (EPS) for the quarter. The business had revenue of $1.05 billion during the quarter. Gray Television had a return on equity of 9.60% and a net margin of 5.69%.
Gray Television Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.32 annualized dividend and a yield of 4.13%. Gray Television's dividend payout ratio 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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