Gray Media (NYSE:GTN.A) Shares Gap Down – Should You Sell?

Shares of Gray Media Inc. (NYSE:GTN.A – Get Free Report) gapped down before the market opened on Tuesday. The stock had previously closed at $6.48, but opened at $5.98. Gray Media shares last traded at $5.98, with a volume of 137 shares changing hands.

Gray Media Trading Down 9.7%

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 firm has a 50-day moving average of $5.70 and a 200-day moving average of $8.95. The firm has a market capitalization of $602.43 million, a P/E ratio of -9.59 and a beta of 0.57.

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

(Get Free Report)

Gray Media, Inc is a multimedia company that owns and operates local television stations and related digital media businesses in the United States. Its stations provide local news, weather, sports, entertainment and public-affairs programming, and many are affiliated with major national broadcast networks. The company also distributes content through station websites, mobile applications, streaming platforms and other digital channels.

Gray Media serves communities across a broad range of U.S.

Featured Articles

Receive News & Ratings for Gray Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gray Media and related companies with MarketBeat.com's FREE daily email newsletter.