Gray Media (NYSE:GTN.A) Shares Gap Up – Here’s What Happened

Gray Media Inc. (NYSE:GTN.AGet Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $8.55, but opened at $8.87. Gray Media shares last traded at $8.21, with a volume of 246 shares traded.

Gray Media Stock Performance

The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 2.60. The stock has a market cap of $864.19 million, a price-to-earnings ratio of 20.65 and a beta of 0.96. The stock’s 50 day moving average is $9.03 and its two-hundred day moving average is $9.70.

Gray Media (NYSE:GTN.AGet Free Report) last announced its earnings results on Friday, November 7th. The company reported ($0.24) EPS for the quarter. Gray Media had a net margin of 2.81% and a return on equity of 5.50%. The business had revenue of $749.00 million during the quarter.

Gray Media Company Profile

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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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