Gray Media Inc. (NYSE:GTN.A – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as $4.84 and last traded at $4.84, with a volume of 396 shares. The stock had previously closed at $5.20.
Gray Media Stock Down 2.0%
The stock has a 50-day moving average of $6.21 and a 200-day moving average of $8.42. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 2.73. The company has a market cap of $549.93 million, a PE ratio of -8.75 and a beta of 0.48.
Gray Media (NYSE:GTN.A – Get Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported $0.21 earnings per share for the quarter. Gray Media had a negative return on equity of 1.12% and a negative net margin of 0.83%.The firm had revenue of $839.00 million for the quarter.
About Gray Media
Gray Media, Inc 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 through network-affiliated and independent channels, while the company’s digital platforms extend that content to websites, mobile applications and connected-TV services.
The company also operates businesses involved in television production, content distribution and digital advertising.
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