Gray Media Inc. (NYSE:GTN.A – Get Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $12.30, but opened at $11.60. Gray Media shares last traded at $12.09, with a volume of 4,776 shares changing hands.
Gray Media Stock Down 0.5%
The stock’s 50-day moving average price is $12.10 and its 200-day moving average price is $10.47. 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 $1.24 billion, a price-to-earnings ratio of 29.62 and a beta of 0.90.
Gray Media Company Profile
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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