Gray Television, Inc (NYSE: GTN) kicked off on Tuesday, up 6.33% from the previous trading day, before settling in for the closing price of $4.11. Over the past 52 weeks, GTN has traded in a range of $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%. While this was happening, its average annual earnings per share was recorded 307.91%. With a float of $84.57 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
Our next focus will be how large-scale investors are participating in this stock of the Broadcasting Industry. The insider ownership of Gray Television, Inc is 15.15%, while institutional ownership is 65.59%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.26 per share during the current fiscal year.
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
Take a look at Gray Television, Inc’s (GTN) current performance indicators. Last quarter, stock had 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 1.53.
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 0.95 million was inferior to 1.27 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 43.47%. Additionally, its Average True Range was 0.24.
During the past 100 days, Gray Television, Inc’s (GTN) raw stochastic average was set at 15.79%, which indicates a significant decrease from 74.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.18% in the past 14 days, which was lower than the 73.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.06, while its 200-day Moving Average is $5.43. Now, the first resistance to watch is $4.47. This is followed by the second major resistance level at $4.58. The third major resistance level sits at $4.76. If the price goes on to break the first support level at $4.18, it is likely to go to the next support level at $4.00. The third support level lies at $3.89 if the price breaches the second support level.
Gray Television, Inc (NYSE: GTN) Key Stats
The company with the Market Capitalisation of 464.91 million has total of 99,667K Shares Outstanding. Its annual sales at the moment are 3,281 M in contrast with the sum of -76,000 K annual income. Company’s last quarter sales were recorded 950,000 K and last quarter income was 96,000 K.
