Gray Television (NYSE:GTN.A) Shares Gap Up – Should You Buy?

Gray Television, Inc. (NYSE:GTN.A)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $7.31, but opened at $7.55. Gray Television shares last traded at $7.37, with a volume of 111 shares.

Gray Television Stock Down 0.3 %

The firm has a 50-day moving average of $7.10 and a 200 day moving average of $7.45. The stock has a market capitalization of $726.10 million, a price-to-earnings ratio of 4.86 and a beta of 1.21. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 2.76.

Gray Television Company Profile

Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.