A new trading day began on Monday, with Gray Media Inc (NYSE: GTN) stock price up 3.05% from the previous day of trading, before settling in for the closing price of $3.93. GTN’s price has ranged from $2.91 to $8.69 over the past 52 weeks.
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A company in the Communication Services sector has jumped its sales by 13.79% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 313.24%. With a float of $84.62 million, this company’s outstanding shares have now reached $90.82 million.
In an organization with 9374 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 42.28%, operating margin of 18.45%, and the pretax margin is 7.62%.
Gray Media 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 Media Inc is 15.10%, while institutional ownership is 65.69%. The most recent insider transaction that took place on Dec 16 ’24, was worth 67,020. In this transaction Director of this company sold 17,780 shares at a rate of $3.77, taking the stock ownership to the 95,360 shares. Before that another transaction happened on Dec 11 ’24, when Company’s Director proposed sale 17,880 for $4.14, making the entire transaction worth $74,023.
Gray Media Inc (GTN) Performance Highlights and Predictions
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 313.24% per share during the next fiscal year.
Gray Media Inc (NYSE: GTN) Trading Performance Indicators
Here are Gray Media 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 0.13. Likewise, its price to free cash flow for the trailing twelve months is 1.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.50, a number that is poised to hit 1.26 in the next quarter and is forecasted to reach -0.57 in one year’s time.
Technical Analysis of Gray Media Inc (GTN)
Let’s dig in a bit further. During the last 5-days, its volume was 1.29 million. That was better than the volume of 1.16 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 74.07%. Additionally, its Average True Range was 0.23.
During the past 100 days, Gray Media Inc’s (GTN) raw stochastic average was set at 35.08%, which indicates a significant decrease from 82.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.29% in the past 14 days, which was lower than the 72.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.65, while its 200-day Moving Average is $4.96. However, in the short run, Gray Media Inc’s stock first resistance to watch stands at $4.16. Second resistance stands at $4.28. The third major resistance level sits at $4.39. If the price goes on to break the first support level at $3.94, it is likely to go to the next support level at $3.83. Assuming the price breaks the second support level, the third support level stands at $3.71.
Gray Media Inc (NYSE: GTN) Key Stats
With a market capitalization of 433.00 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.
