Gray Television (NYSE:GTN.A) Trading 8.9% Higher – What’s Next?

Gray Television, Inc. (NYSE:GTN.A)’s stock price was up 8.9% during mid-day trading on Tuesday . The stock traded as high as $7.00 and last traded at $7.31. Approximately 1,698 shares were traded during trading, a decline of 71% from the average daily volume of 5,931 shares. The stock had previously closed at $6.71.

Gray Television Trading Up 7.4 %

The firm has a market cap of $718.10 million, a price-to-earnings ratio of 4.80 and a beta of 1.21. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.13 and a current ratio of 1.13. The business has a fifty day simple moving average of $7.10 and a 200-day simple moving average of $7.34.

Gray Television Company Profile

Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.