Gray Television (NYSE:GTN.A) Releases Quarterly Earnings Results

Gray Television (NYSE:GTN.A) posted its quarterly earnings data on Thursday. The company reported $1.59 EPS for the quarter, Zacks reports. Gray Television had a net margin of 5.69% and a return on equity of 9.60%.

Gray Television Stock Performance

NYSE:GTN.A traded up $0.18 during trading hours on Thursday, hitting $6.70. 371 shares of the company were exchanged, compared to its average volume of 5,894. The stock has a market capitalization of $667.27 million, a price-to-earnings ratio of 4.46 and a beta of 1.21. Gray Television has a 52-week low of $5.00 and a 52-week high of $10.90. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.13 and a quick ratio of 1.13. The company’s 50 day moving average price is $7.13 and its 200-day moving average price is $7.33.

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.