Gray Television, Inc. (NYSE:GTN.A - Get Free Report) traded down 4% during mid-day trading on Monday . The stock traded as low as $9.61 and last traded at $9.24. 695 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 8,410 shares. The stock had previously closed at $9.62.
Gray Television Trading Down 4.0%
The stock has a market capitalization of $937.75 million, a PE ratio of 6.16 and a beta of 1.02. The company has a 50 day moving average of $7.79 and a two-hundred day moving average of $7.33. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.13 and a current ratio of 1.13.
Gray Television (NYSE:GTN.A - Get Free Report) last released 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 Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date is Friday, June 13th. Gray Television's dividend payout ratio (DPR) is 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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