On Friday, Gray Media Inc (NYSE: GTN) opened lower -4.24% from the last session, before settling in for the closing price of $5.19. Price fluctuations for GTN have ranged from $2.91 to $7.41 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 13.24% over the past five years. Company’s average yearly earnings per share was noted -119.63% at the time writing. With a float of $84.72 million, this company’s outstanding shares have now reached $90.77 million.
Let’s look at the performance matrix of the company that is accounted for 9118 employees. In terms of profitability, gross margin is 47.69%, operating margin of 23.33%, and the pretax margin is 13.5%.
Gray Media Inc (GTN) Insider Updates
A key investor’s attitude towards the stock of the Broadcasting industry is another important factor to consider. The insider ownership of Gray Media Inc is 16.57%, while institutional ownership is 65.19%. The most recent insider transaction that took place on Feb 28 ’25, was worth 61,552. In this transaction Director of this company sold 16,000 shares at a rate of $3.85, taking the stock ownership to the 55,347 shares. Before that another transaction happened on Feb 28 ’25, when Company’s Director proposed sale 16,000 for $3.84, making the entire transaction worth $61,440.
Gray Media Inc (GTN) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -119.63% per share during the next fiscal year.
Gray Media Inc (NYSE: GTN) Trading Performance Indicators
Check out the current performance indicators for Gray Media Inc (GTN). In the past quarter, the stock posted a quick ratio of 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.15. Likewise, its price to free cash flow for the trailing twelve months is 0.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.33, a number that is poised to hit -0.44 in the next quarter and is forecasted to reach 2.89 in one year’s time.
Technical Analysis of Gray Media Inc (GTN)
Gray Media Inc (NYSE: GTN) saw its 5-day average volume 2.81 million, a positive change from its year-to-date volume of 1.56 million. As of the previous 9 days, the stock’s Stochastic %D was 90.35%. Additionally, its Average True Range was 0.27.
During the past 100 days, Gray Media Inc’s (GTN) raw stochastic average was set at 63.38%, which indicates a significant decrease from 83.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.06% in the past 14 days, which was lower than the 77.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.89, while its 200-day Moving Average is $4.66. Nevertheless, the first resistance level for the watch stands at $5.11 in the near term. At $5.26, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.33. If the price goes on to break the first support level at $4.89, it is likely to go to the next support level at $4.82. Assuming the price breaks the second support level, the third support level stands at $4.68.
Gray Media Inc (NYSE: GTN) Key Stats
There are currently 101,543K shares outstanding in the company with a market cap of 539.50 million. Presently, the company’s annual sales total 3,644 M according to its annual income of 375,000 K. Last quarter, the company’s sales amounted to 1,045 M and its income totaled 169,000 K.
