Gray Television, Inc. (NYSE:GTN.A - Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $9.10, but opened at $8.79. Gray Television shares last traded at $10.30, with a volume of 9,552 shares changing hands.
Gray Television Trading Up 7.6%
The firm has a market cap of $994.11 million, a P/E ratio of 6.53 and a beta of 1.02. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 2.76. The firm's 50-day simple moving average is $7.73 and its 200 day simple moving average is $7.31.
Gray Television (NYSE:GTN.A - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.23) 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 declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 3.27%. The ex-dividend date of this dividend is Friday, June 13th. Gray Television's dividend payout ratio (DPR) is currently 13.85%.
Gray Television Company Profile
(
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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