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After finishing at $3.35 in the prior trading day, Gray Media Inc (NYSE: GTN) closed at $3.36, up 0.30%. In other words, the price has increased by $0.30 from its previous closing price. On the day, 0.97 million shares were traded. GTN stock price reached its highest trading level at $3.44 during the session, while it also had its lowest trading level at $3.32.
Ratios:
Our goal is to gain a better understanding of GTN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.56. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 1.94 whereas as Long-Term Debt/Eq ratio is at 1.93.
Wells Fargo Downgraded its Overweight to Underweight on November 09, 2022, whereas the target price for the stock was revised from $25 to $7.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 28 ’25 when BOGER RICHARD LEE sold 16,000 shares for $3.85 per share. The transaction valued at 61,552 led to the insider holds 55,347 shares of the business.
BOGER RICHARD LEE bought 16,000 shares of GTN for $61,440 on Feb 28 ’25. On Dec 16 ’24, another insider, McTear Paul, who serves as the Director of the company, sold 17,780 shares for $3.77 each. As a result, the insider received 67,020 and left with 95,360 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GTN now has a Market Capitalization of 376713120 and an Enterprise Value of 6535217664. As of this moment, Gray’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.01, and their Forward P/E ratio for the next fiscal year is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at 1.793 whereas that against EBITDA is 5.718.
Stock Price History:
The Beta on a monthly basis for GTN is 1.21, which has changed by -0.3924051 over the last 52 weeks, in comparison to a change of 0.07019031 over the same period for the S&P500. Over the past 52 weeks, GTN has reached a high of $7.41, while it has fallen to a 52-week low of $2.91. The 50-Day Moving Average of the stock is -17.22%, while the 200-Day Moving Average is calculated to be -26.27%.
Shares Statistics:
The stock has traded on average 1.60M shares per day over the past 3-months and 1633980 shares per day over the last 10 days, according to various share statistics. A total of 90.77M shares are outstanding, with a floating share count of 85.26M. Insiders hold about 16.31% of the company’s shares, while institutions hold 64.77% stake in the company. Shares short for GTN as of 1743379200 were 3378624 with a Short Ratio of 2.11, compared to 1740700800 on 3687688. Therefore, it implies a Short% of Shares Outstanding of 3378624 and a Short% of Float of 3.94.
Dividends & Splits
In the trailing 12 months, GTN’s forward annual dividend rate was 0.32, compared to 0.32 this year. Against a Trailing Annual Dividend Yield of 0.09552239The stock’s 5-year Average Dividend Yield is 4.83.
