For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $4.05 in the prior trading day, Gray Media Inc (NYSE: GTN) closed at $4.27, up 5.43%. In other words, the price has increased by $5.43 from its previous closing price. On the day, 1.54 million shares were traded. GTN stock price reached its highest trading level at $4.32 during the session, while it also had its lowest trading level at $4.03.
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 6.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.50. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 2.15 whereas as Long-Term Debt/Eq ratio is at 2.13.
On November 09, 2022, Wells Fargo Downgraded its rating to Underweight which previously was Overweight and also lowered its target price recommendation 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 Dec 16 ’24 when McTear Paul sold 17,780 shares for $3.77 per share. The transaction valued at 67,020 led to the insider holds 95,360 shares of the business.
McTear Paul bought 17,880 shares of GTN for $74,023 on Dec 11 ’24. On Dec 02 ’24, another insider, Latek Kevin Paul, who serves as the EVP Chief L & D Officer of the company, sold 150,216 shares for $4.37 each. As a result, the insider received 656,444 and left with 509,212 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 452462016 and an Enterprise Value of 6953233408. As of this moment, Gray’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 0.20. Its current Enterprise Value per Revenue stands at 2.008 whereas that against EBITDA is 7.35.
Stock Price History:
The Beta on a monthly basis for GTN is 1.46, which has changed by -0.5 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, GTN has reached a high of $8.69, while it has fallen to a 52-week low of $2.91. The 50-Day Moving Average of the stock is 16.97%, while the 200-Day Moving Average is calculated to be -13.71%.
Shares Statistics:
The stock has traded on average 1.40M shares per day over the past 3-months and 1235370 shares per day over the last 10 days, according to various share statistics. A total of 90.82M shares are outstanding, with a floating share count of 84.62M. Insiders hold about 15.10% of the company’s shares, while institutions hold 65.57% stake in the company. Shares short for GTN as of 1738281600 were 4464391 with a Short Ratio of 3.34, compared to 1735603200 on 4416723. Therefore, it implies a Short% of Shares Outstanding of 4464391 and a Short% of Float of 5.140000000000001.
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 0.07901234The stock’s 5-year Average Dividend Yield is 4.83.
