A new trading day began on Monday, with Gray Television, Inc (NYSE: GTN) stock price down -5.65% from the previous day of trading, before settling in for the closing price of $3.72. GTN’s price has ranged from $3.65 to $10.07 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 30.18%. Meanwhile, its annual earnings per share averaged 310.19%. 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 Updates
As we move forward, let’s examine how large-scale investors are investing 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 11 ’24, was worth 74,023. Before that another transaction happened on Dec 02 ’24, when Company’s EVP Chief L & D Officer sold 150,216 for $4.37, making the entire transaction worth $656,444. This insider now owns 509,212 shares in total.
Gray Television, Inc (GTN) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 310.19% per share during the next fiscal year.
Gray Television, Inc (NYSE: GTN) Trading Performance Indicators
Here are Gray Television, Inc’s current performance indicators. According to the last quarter’s results, the 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 0.10. Likewise, its price to free cash flow for the trailing twelve months is 1.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.50, a number that is poised to hit 1.21 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 1.44 million was superior to 1.27 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 4.47%. Additionally, its Average True Range was 0.26.
During the past 100 days, Gray Television, Inc’s (GTN) raw stochastic average was set at 0.32%, which indicates a significant decrease from 1.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.33% in the past 14 days, which was lower than the 74.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.93, while its 200-day Moving Average is $5.39. Now, the first resistance to watch is $3.71. This is followed by the second major resistance level at $3.91. The third major resistance level sits at $4.02. If the price goes on to break the first support level at $3.40, it is likely to go to the next support level at $3.30. Assuming the price breaks the second support level, the third support level stands at $3.10.
Gray Television, Inc (NYSE: GTN) Key Stats
With a market capitalization of 358.76 million, the company has a total of 99,667K Shares Outstanding. Currently, annual sales are 3,281 M while annual income is -76,000 K. The company’s previous quarter sales were 950,000 K while its latest quarter income was 96,000 K.
