Gray Television, Inc. (NYSE:GTN.A - Get Free Report) shares dropped 3% during mid-day trading on Monday . The company traded as low as $7.10 and last traded at $6.93. Approximately 105 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 8,077 shares. The stock had previously closed at $7.14.
Gray Television Trading Down 0.3 %
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 stock has a market capitalization of $787.47 million, a price-to-earnings ratio of 5.17 and a beta of 0.94. The company's 50-day moving average is $7.08 and its 200-day moving average is $7.15.
Gray Television (NYSE:GTN.A - Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The company reported $1.59 earnings per share for the quarter. Gray Television had a return on equity of 9.60% and a net margin of 5.69%. The company had revenue of $1.05 billion during the quarter.
Gray Television Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 4.13%. 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
(
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.
Further Reading
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