Gray Television (NYSE:GTN.A) Upgraded at ValuEngine

Gray Television (NYSE:GTN.A) was upgraded by ValuEngine from a “strong sell” rating to a “sell” rating in a report issued on Monday, ValuEngine reports.

Separately, TheStreet raised shares of Gray Television from a “c+” rating to a “b” rating in a research note on Monday, September 9th.

GTN.A stock traded down $0.12 during mid-day trading on Monday, hitting $16.88. 300 shares of the company were exchanged, compared to its average volume of 1,294. The company has a quick ratio of 2.93, a current ratio of 2.93 and a debt-to-equity ratio of 2.89. The firm has a market capitalization of $1.71 billion, a P/E ratio of 7.21 and a beta of 2.03. The business has a fifty day simple moving average of $16.38 and a 200-day simple moving average of $17.76. Gray Television has a 12-month low of $12.91 and a 12-month high of $23.30.

Gray Television (NYSE:GTN.A) last announced its earnings results on Wednesday, August 7th. The company reported $0.31 earnings per share for the quarter. The company had revenue of $508.00 million during the quarter. Gray Television had a net margin of 10.78% and a return on equity of 19.25%.

About Gray Television

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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