Shares of Gray Media Inc. (NYSE:GTN.A – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $11.50, but opened at $10.60. Gray Media shares last traded at $10.60, with a volume of 170 shares.
Gray Media Price Performance
The firm has a market cap of $1.14 billion, a PE ratio of -7.75 and a beta of 0.82. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 2.66. The stock has a 50 day moving average price of $11.77 and a two-hundred day moving average price of $10.74.
Gray Media (NYSE:GTN.A – Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.22) earnings per share for the quarter. Gray Media had a negative return on equity of 2.51% and a negative net margin of 2.75%.The business had revenue of $792.00 million for the quarter.
About Gray Media
Gray Media, doing business as Gray Television, Inc, operates an extensive network of local television stations and digital platforms across the United States. The company’s broadcast portfolio offers a mix of network-affiliated programming—ranging from national news and entertainment from ABC, CBS, NBC and Fox—to locally produced content including news, sports and weather coverage. In addition to traditional broadcast, Gray Media provides digital advertising, streaming and over-the-top solutions through its websites, mobile apps and branded digital marketplaces.
Established in 1946 as Gray Communications Systems, the company went public in 2006 and adopted the Gray Television name in 2010.
Read More
Receive News & Ratings for Gray Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gray Media and related companies with MarketBeat.com's FREE daily email newsletter.
