Gray Media (NYSE:GTN.A) Shares Gap Up – Here’s What Happened

Gray Media Inc. (NYSE:GTN.A – Get Free Report)’s share price gapped up prior to trading on Friday. The stock had previously closed at $5.95, but opened at $7.88. Gray Media shares last traded at $6.60, with a volume of 6,338 shares.

Gray Media Price Performance

The stock’s 50-day moving average is $5.84 and its 200-day moving average is $8.68. The firm has a market cap of $612.75 million, a P/E ratio of -9.75 and a beta of 0.46. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 2.73.

Gray Media (NYSE:GTN.A – Get Free Report) last released its earnings results on Friday, November 6th. The company reported $0.66 EPS for the quarter. Gray Media had a negative net margin of 0.83% and a negative return on equity of 1.12%.

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.

Recommended Stories

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.