Gray Television (NYSE:GTN.A) Shares Gap Up to $8.58

Gray Television, Inc. (NYSE:GTN.A) shares gapped up before the market opened on Friday . The stock had previously closed at $8.58, but opened at $9.10. Gray Television shares last traded at $9.10, with a volume of 210 shares changing hands.

Gray Television Trading Up 6.1 %

The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 2.99. The company has a 50-day moving average price of $8.68 and a two-hundred day moving average price of $8.13.

Gray Television (NYSE:GTN.A) last issued its quarterly earnings data on Tuesday, May 7th. The company reported $0.79 EPS for the quarter. The company had revenue of $823.00 million during the quarter. Gray Television had a return on equity of 2.13% and a net margin of 1.30%.

Gray Television Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 3.52%. The ex-dividend date of this dividend was Friday, June 14th. Gray Television’s dividend payout ratio (DPR) is currently -266.67%.

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.