Gray Television, Inc. (NYSE: GTN) established initial surge of 2.02% at $5.55, before settling in for the price of $5.44 at the close. Taking a more long-term approach, GTN posted a 52-week range of $4.15-$10.07.
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It was noted that the giant of the Communication Services sector posted annual sales growth of 30.18% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 392.33%. This publicly-traded company’s shares outstanding now amounts to $87.23 million, simultaneously with a float of $84.16 million. The organization now has a market capitalization sitting at $553.17 million. At the time of writing, stock’s 50-day Moving Average stood at $5.15, while the 200-day Moving Average is $6.05.
Gray Television, Inc. (GTN) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Gray Television, Inc. industry. Gray Television, Inc.’s current insider ownership accounts for 15.56%, in contrast to 74.92% institutional ownership. According to the most recent insider trade that took place on Mar 28 ’24, this organization’s Chairman, President & CEO bought 10,000 shares at the rate of 8.09, making the entire transaction reach 80,934 in total value, affecting insider ownership by 2,982,386. Preceding that transaction, on Mar 28 ’24, Company’s Director bought 10,000 for 8.09, making the whole transaction’s value amount to 80,934. This particular insider is now the holder of 2,982,386 in total.
Gray Television, Inc. (GTN) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.32 per share during the current fiscal year.
Gray Television, Inc.’s EPS increase for this current 12-month fiscal period is 392.33% and is forecasted to reach -0.68 in the upcoming year.
Gray Television, Inc. (NYSE: GTN) Trading Performance Indicators
Let’s observe the current performance indicators for Gray Television, Inc. (GTN). It’s Quick Ratio in the last reported quarter now stands at 1.61. The Stock has managed to achieve an average true range (ATR) of 0.21. Alongside those numbers, its PE Ratio stands at $72.27, and its Beta score is 1.49. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.17. Similarly, its price to free cash flow for trailing twelve months is now 7.18.
In the same vein, GTN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.08, a figure that is expected to reach 0.95 in the next quarter, and analysts are predicting that it will be -0.68 at the market close of one year from today.
Technical Analysis of Gray Television, Inc. (GTN)
Now, what If we examine the latest scores posted by [Gray Television, Inc., GTN]. During the last 5-days, its volume was lower the volume of 1.25 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 25.32% While, its Average True Range was 0.20.
Raw Stochastic average of Gray Television, Inc. (GTN) in the period of the previous 100 days is set at 56.91%, which indicates a major rise in contrast to 52.05% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 37.69% that was lower than 56.91% volatility it exhibited in the past 100-days period.
