Gray Television (NYSE:GTN.A) Shares Gap Up – Here’s What Happened

Gray Television, Inc. (NYSE:GTN.AGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $7.43, but opened at $7.98. Gray Television shares last traded at $6.96, with a volume of 3,573 shares.

Gray Television Stock Performance

The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 2.76. The stock has a market cap of $692.19 million, a P/E ratio of 4.63 and a beta of 1.21. The stock has a 50 day simple moving average of $7.12 and a 200 day simple moving average of $7.34.

Gray Television Company Profile

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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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