On Tuesday, Gray Television, Inc. (NYSE: GTN) was 1.42% up from the session before settling in for the closing price of $5.64. A 52-week range for GTN has been $4.15 – $10.07.
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Communication Services Sector giant saw their annual sales surged by 30.18% over the last five years. When this article was written, the company’s average yearly earnings per share was at 392.81%. With a float of $84.16 million, this company’s outstanding shares have now reached $87.23 million.
The firm has a total of 9374 workers. Let’s measure their productivity. In terms of profitability, gross margin is 23.31%, operating margin of 14.26%, and the pretax margin is 2.99%.
Gray Television, Inc. (GTN) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Gray Television, Inc. stocks. The insider ownership of Gray Television, Inc. is 15.56%, while institutional ownership is 73.60%. The most recent insider transaction that took place on Mar 28 ’24, was worth 80,934. In this transaction Chairman, President & CEO of this company bought 10,000 shares at a rate of $8.09, taking the stock ownership to the 2,982,386 shares. Before that another transaction happened on Mar 28 ’24, when Company’s Director bought 10,000 for $8.09, making the entire transaction worth $80,934. This insider now owns 2,982,386 shares in total.
Gray Television, Inc. (GTN) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.57 earnings per share (EPS) during the time that was less than consensus figure (set at -0.32) by -0.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 392.81% per share during the next fiscal year.
Gray Television, Inc. (NYSE: GTN) Trading Performance Indicators
You can see what Gray Television, Inc. (GTN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.17. Likewise, its price to free cash flow for the trailing twelve months is 7.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.08, a number that is poised to hit 0.95 in the next quarter and is forecasted to reach -0.65 in one year’s time.
Technical Analysis of Gray Television, Inc. (GTN)
Analysing the last 5-days average volume posted by the [Gray Television, Inc., GTN], we can find that recorded value of 0.68 million was lower than the volume posted last year of 1.24 million. As of the previous 9 days, the stock’s Stochastic %D was 46.37%. Additionally, its Average True Range was 0.21.
During the past 100 days, Gray Television, Inc.’s (GTN) raw stochastic average was set at 63.82%, which indicates a significant increase from 62.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.78% in the past 14 days, which was lower than the 56.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.21, while its 200-day Moving Average is $5.99. Now, the first resistance to watch is $5.79. This is followed by the second major resistance level at $5.87. The third major resistance level sits at $6.00. If the price goes on to break the first support level at $5.58, it is likely to go to the next support level at $5.45. Now, if the price goes above the second support level, the third support stands at $5.37.
Gray Television, Inc. (NYSE: GTN) Key Stats
There are 99,667K outstanding shares of the company, which has a market capitalization of 570.11 million. As of now, sales total 3,281 M while income totals -76,000 K. Its latest quarter income was 826,000 K while its last quarter net income were 22,000 K.
