Gray Media Inc (NYSE: GTN) on Tuesday, plunged -0.30% from the previous trading day, before settling in for the closing price of $3.36. Within the past 52 weeks, GTN’s price has moved between $2.91 and $7.41.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 13.24%. The company achieved an average annual earnings per share of -119.63%. With a float of $85.26 million, this company’s outstanding shares have now reached $90.77 million.
Considering the fact that the conglomerate employs 9118 people, you should pay attention to its efficiency factor. 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 Activity
Observing investor behavior towards Broadcasting industry stocks is more important than anything else. The insider ownership of Gray Media Inc is 16.31%, while institutional ownership is 64.77%. 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) Earnings and Forecasts
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
Gray Media Inc (GTN) is currently performing well based on its current performance indicators. A quick ratio of 0.99 was reported for the most recent quarter. 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 0.62.
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)
Compared to the last year’s volume of 1.56 million, its volume of 1.34 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.93%. Additionally, its Average True Range was 0.29.
During the past 100 days, Gray Media Inc’s (GTN) raw stochastic average was set at 18.49%, which indicates a significant increase from 9.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.37% in the past 14 days, which was higher than the 66.19% 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 $4.55. Nevertheless, the first resistance level for the watch stands at $3.43 in the near term. At $3.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.54. If the price goes on to break the first support level at $3.31, it is likely to go to the next support level at $3.27. Should the price break the second support level, the third support level stands at $3.20.
Gray Media Inc (NYSE: GTN) Key Stats
Market capitalization of the company is 374.11 million based on 101,543K outstanding shares. Right now, sales total 3,644 M and income totals 375,000 K. The company made 1,045 M in profit during its latest quarter, and 169,000 K in sales during its previous quarter.
