Shares of Gray Television, Inc. (NYSE:GTN.A – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $7.22, but opened at $6.72. Gray Television shares last traded at $6.74, with a volume of 404 shares trading hands.
Gray Television Stock Up 0.4 %
The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 2.76. The company has a market capitalization of $722.59 million, a P/E ratio of 4.83 and a beta of 1.21. The firm has a 50-day moving average price of $7.07 and a two-hundred day moving average price of $7.74.
Gray Television Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.08 per share. The ex-dividend date was Friday, December 13th. This represents a $0.32 dividend on an annualized basis and a yield of 4.41%. Gray Television’s dividend payout ratio is currently 21.33%.
Gray Television Company Profile
(Get Free Report)
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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