Gray Television, Inc. (NYSE:GTN.A – Get Rating)'s stock price traded up 6% during mid-day trading on Thursday . The stock traded as high as $11.30 and last traded at $11.28. 9,320 shares were traded during trading, an increase of 410% from the average session volume of 1,828 shares. The stock had previously closed at $10.64.
Wall Street Analysts Forecast Growth
Separately, TheStreet downgraded shares of Gray Television from a "b-" rating to a "c" rating in a research note on Thursday, December 8th.
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The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 3.41. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 4.05 and a beta of 1.27. The stock's 50 day moving average price is $11.44 and its two-hundred day moving average price is $13.39.
About Gray Television
(Get Rating)
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.
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