Gray Media Inc. (NYSE:GTN.A – Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $6.67 and last traded at $7.21, with a volume of 1998 shares traded. The stock had previously closed at $7.40.
Gray Media Trading Up 3.4%
The stock’s fifty day moving average price is $7.78 and its 200 day moving average price is $10.44. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 2.72. The stock has a market cap of $708.91 million, a PE ratio of -4.51 and a beta of 0.50.
Gray Media (NYSE:GTN.A – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported ($0.34) EPS for the quarter. Gray Media had a negative return on equity of 3.07% and a negative net margin of 3.12%.
About Gray Media
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.
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