Gray Media (NYSE:GTN.A) Shares Gap Down – Should You Sell?

by · The Cerbat Gem

Gray Media Inc. (NYSE:GTN.A – Get Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $9.00, but opened at $8.51. Gray Media shares last traded at $8.81, with a volume of 1,215 shares traded.

Gray Media Stock Down 1.3%

The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 2.56. The firm has a market capitalization of $906.56 million, a P/E ratio of 5.88 and a beta of 1.10. The stock’s 50-day simple moving average is $9.95 and its 200-day simple moving average is $9.61.

Gray Media (NYSE:GTN.A – Get Free Report) last issued its quarterly earnings results on Friday, November 7th. The company reported ($0.24) EPS for the quarter. Gray Media had a net margin of 5.64% and a return on equity of 10.31%. The business had revenue of $749.00 million for the quarter.

About Gray Media

(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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