Shares of Gray Television, Inc. (NYSE:GTN.A – Get Rating) hit a new 52-week low on Friday . The company traded as low as $8.40 and last traded at $8.42, with a volume of 1753 shares trading hands. The stock had previously closed at $8.54.
Wall Street Analyst Weigh In
Separately, TheStreet downgraded shares of Gray Television from a “b-” rating to a “c” rating in a research note on Thursday, December 8th.
Gray Television Trading Down 1.9 %
The firm has a market cap of $777.97 million, a PE ratio of 1.93 and a beta of 1.27. The company has a debt-to-equity ratio of 3.04, a quick ratio of 2.10 and a current ratio of 2.10. The company has a 50 day simple moving average of $11.21 and a two-hundred day simple moving average of $12.23.
Gray Television Dividend Announcement
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.
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