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

Gray Television, Inc. (NYSE:GTN.A) gapped up prior to trading 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 changing hands.

Gray Television Stock Down 0.3 %

The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market capitalization of $726.10 million, a P/E ratio of 4.86 and a beta of 1.21. The stock has a fifty day moving average price of $7.10 and a two-hundred day moving average price of $7.45.

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.