On Tuesday, Gray Television, Inc (NYSE: GTN) was -0.69% drop from the session before settling in for the closing price of $4.37. A 52-week range for GTN has been $3.95 – $10.07.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 30.18%. When this article was written, the company’s average yearly earnings per share was at 307.91%. With a float of $84.42 million, this company’s outstanding shares have now reached $90.82 million.
The extent of productivity of a business whose workforce counts for 9374 workers is very important to gauge. In terms of profitability, gross margin is 42.28%, operating margin of 18.45%, and the pretax margin is 7.62%.
Gray Television, Inc (GTN) Insider and Institutional Ownership
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 15.30%, while institutional ownership is 65.58%. The most recent insider transaction that took place on Dec 02 ’24, was worth 656,444. In this transaction EVP Chief L & D Officer of this company sold 150,216 shares at a rate of $4.37, taking the stock ownership to the 509,212 shares. Before that another transaction happened on Dec 02 ’24, when Company’s EVP Chief L & D Officer sold 4,908 for $4.37, making the entire transaction worth $21,448. This insider now owns 0 shares in total.
Gray Television, Inc (GTN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 307.91% 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 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13. Likewise, its price to free cash flow for the trailing twelve months is 1.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.50, a number that is poised to hit 1.17 in the next quarter and is forecasted to reach -0.59 in one year’s time.
Technical Analysis of Gray Television, Inc (GTN)
The latest stats from [Gray Television, Inc, GTN] show that its last 5-days average volume of 1.04 million was inferior to 1.28 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 46.21%. Additionally, its Average True Range was 0.26.
During the past 100 days, Gray Television, Inc’s (GTN) raw stochastic average was set at 14.66%, which indicates a significant decrease from 25.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.48% in the past 14 days, which was lower than the 73.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.15, while its 200-day Moving Average is $5.50. Now, the first resistance to watch is $4.44. This is followed by the second major resistance level at $4.54. The third major resistance level sits at $4.60. If the price goes on to break the first support level at $4.28, it is likely to go to the next support level at $4.22. The third support level lies at $4.12 if the price breaches the second support level.
Gray Television, Inc (NYSE: GTN) Key Stats
There are 99,667K outstanding shares of the company, which has a market capitalization of 454.60 million. As of now, sales total 3,281 M while income totals -76,000 K. Its latest quarter income was 950,000 K while its last quarter net income were 96,000 K.
