Gray Media (NYSE:GTN.A – Get Free Report) issued its earnings results on Friday. The company reported $0.66 earnings per share for the quarter, Zacks reports. Gray Media had a negative return on equity of 1.12% and a negative net margin of 0.83%. The business had revenue of $972.00 million during the quarter.
Gray Media Stock Down 4.2%
Shares of Gray Media stock traded down $0.25 during trading on Friday, hitting $5.70. 19,249 shares of the stock traded hands, compared to its average volume of 10,008. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 2.73. The stock’s fifty day simple moving average is $5.83 and its 200 day simple moving average is $8.64. The firm has a market cap of $586.99 million, a P/E ratio of -9.34 and a beta of 0.46. Gray Media has a 52-week low of $4.57 and a 52-week high of $15.33.
About Gray Media
Gray Media, Inc is a multimedia company that owns and operates local television stations and related digital media businesses in the United States. Its stations provide local news, weather, sports, entertainment and public-affairs programming, and many are affiliated with major national broadcast networks. The company also distributes content through station websites, mobile applications, streaming platforms and other digital channels.
Gray Media serves communities across a broad range of U.S.
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