Gray Media (NYSE:GTN.A) Hits New 12-Month Low – Here’s What Happened

Gray Media Inc. (NYSE:GTN.A)’s stock price hit a new 52-week low during mid-day trading on Monday. The company traded as low as $4.57 and last traded at $4.98, with a volume of 3,756 shares traded. The stock had previously closed at $5.03.

Gray Media Stock Down 1.0%

The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market cap of $512.84 million, a PE ratio of -8.16 and a beta of 0.57. The firm has a fifty day simple moving average of $5.78 and a 200 day simple moving average of $7.96.

Gray Media (NYSE:GTN.A) last posted its quarterly earnings data 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 net margin of 0.83% and a negative return on equity of 1.12%.

About Gray Media

Gray Media, Inc (NYSE: GTN.A) is a multimedia company that owns and operates local television stations and related digital media businesses across the United States. Its stations provide local news, weather, sports, public affairs programming and entertainment, serving viewers through broadcast television, websites, mobile applications and other digital platforms.

The company’s stations are affiliated with major networks, including ABC, CBS, NBC, FOX, The CW and MyNetworkTV. Gray Media also produces original content and operates additional media businesses, including digital advertising and video production services.