Gray Television (NYSE:GTN) is set to post its quarterly earnings results before the market opens on Tuesday, February 27th. Analysts expect Gray Television to post earnings of $0.25 per share for the quarter.
Shares of Gray Television (NYSE:GTN) opened at $14.80 on Monday. Gray Television has a 52 week low of $11.70 and a 52 week high of $17.80. The company has a quick ratio of 3.28, a current ratio of 3.28 and a debt-to-equity ratio of 3.11. The stock has a market capitalization of $1,329.79, a P/E ratio of 8.18, a P/E/G ratio of 1.94 and a beta of 2.46.
In other Gray Television news, EVP Kevin Paul Latek sold 97,634 shares of the stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $16.96, for a total transaction of $1,655,872.64. Following the transaction, the executive vice president now owns 219,706 shares of the company’s stock, valued at approximately $3,726,213.76. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 12.00% of the company’s stock.
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About Gray Television
Gray Television, Inc is a television broadcast company. The Company owns and operates television stations and digital assets in various markets across the United States. As of February 21, 2017, the Company owned and/or operated television stations in 54 television markets broadcasting over 200 separate programming streams, including 37 affiliates of the CBS Network (CBS), 29 affiliates of the NBC Network (NBC), 20 affiliates of the ABC Network (ABC) and 15 affiliates of the FOX Network (FOX).
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