Gray Television (NYSE:GTN.A) Posts Quarterly Earnings Results

Gray Television (NYSE:GTN.A) posted its quarterly earnings results on Thursday. The company reported $1.59 EPS for the quarter, Zacks reports. Gray Television had a net margin of 5.69% and a return on equity of 9.60%. The firm had revenue of $1.05 billion for the quarter.

Gray Television Trading Up 0.5 %

Shares of NYSE GTN.A traded up $0.03 during mid-day trading on Friday, hitting $6.55. The stock had a trading volume of 444 shares, compared to its average volume of 5,896. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.13 and a current ratio of 1.13. The business has a 50 day moving average price of $7.14 and a two-hundred day moving average price of $7.33. The firm has a market cap of $652.82 million, a P/E ratio of 4.37 and a beta of 1.21. Gray Television has a 1 year low of $5.00 and a 1 year high of $10.90.

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.