A new trading day began on Tuesday, with Gray Media Inc (NYSE: GTN) stock price remained unchanged from the previous day of trading, before settling in for the closing price of $4.32. GTN’s price has 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. Meanwhile, its annual earnings per share averaged -119.63%. With a float of $84.76 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 and Institutional Ownership
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 16.53%, 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) Latest Financial update
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
Here are Gray Media Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13. Likewise, its price to free cash flow for the trailing twelve months is 0.77.
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 1.44 million, a negative change from its year-to-date volume of 1.55 million. As of the previous 9 days, the stock’s Stochastic %D was 13.75%. Additionally, its Average True Range was 0.27.
During the past 100 days, Gray Media Inc’s (GTN) raw stochastic average was set at 43.38%, which indicates a significant increase from 20.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.48% in the past 14 days, which was lower than the 78.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.05, while its 200-day Moving Average is $4.62. Nevertheless, the first resistance level for the watch stands at $4.47 in the near term. At $4.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.80. If the price goes on to break the first support level at $4.14, it is likely to go to the next support level at $3.97. The third support level lies at $3.82 if the price breaches the second support level.
Gray Media Inc (NYSE: GTN) Key Stats
With a market capitalization of 469.70 million, the company has a total of 101,543K Shares Outstanding. Currently, annual sales are 3,644 M while annual income is 375,000 K. The company’s previous quarter sales were 1,045 M while its latest quarter income was 169,000 K.
