Gray Media (NYSE:GTN.A) Shares Gap Up – Should You Buy?

Posted by James Quigley on Aug 26th, 2026

Gray Media Inc. (NYSE:GTN.A – Get Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $5.64, but opened at $6.87. Gray Media shares last traded at $6.82, with a volume of 779 shares traded.

Gray Media Trading Down 5.7%

The company has a 50 day moving average of $6.88 and a two-hundred day moving average of $9.34. The stock has a market capitalization of $596.25 million, a PE ratio of -9.49 and a beta of 0.51. The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.95 and a current ratio of 0.95.

Gray Media (NYSE:GTN.A – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported $0.21 EPS for the quarter. The company 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

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Gray Media, doing business as Gray Television, Inc, operates an extensive network of local television stations and digital platforms across the United States. The company’s broadcast portfolio offers a mix of network-affiliated programming—ranging from national news and entertainment from ABC, CBS, NBC and Fox—to locally produced content including news, sports and weather coverage. In addition to traditional broadcast, Gray Media provides digital advertising, streaming and over-the-top solutions through its websites, mobile apps and branded digital marketplaces.

Established in 1946 as Gray Communications Systems, the company went public in 2006 and adopted the Gray Television name in 2010.