Shares of Gray Media Inc. (NYSE:GTN.A – Get Free Report) gapped up prior to trading on Thursday. The stock had previously closed at $4.71, but opened at $5.39. Gray Media shares last traded at $5.12, with a volume of 4,352 shares trading hands.
Gray Media Trading Up 11.7%
The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 2.73. The company has a market cap of $541.70 million, a price-to-earnings ratio of -8.62 and a beta of 0.48. The company’s 50-day moving average is $6.01 and its 200 day moving average is $8.24.
Gray Media (NYSE:GTN.A – Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.21 earnings per share for the quarter. The firm had revenue of $839.00 million during the quarter. Gray Media had a negative return on equity of 1.12% and a negative net margin of 0.83%.
Gray Media Company Profile
Gray Media, Inc is a multimedia company that owns and operates local television stations and related digital media businesses across the United States. Its stations provide local news, weather, sports, public affairs programming and entertainment through network-affiliated and independent channels, while the company’s digital platforms extend that content to websites, mobile applications and connected-TV services.
The company also operates businesses involved in television production, content distribution and digital advertising.
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