The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Gray Television, Inc. (NYSE: GTN) closed the day trading at $5.34 down -1.84% from the previous closing price of $5.44. In other words, the price has decreased by -$1.84 from its previous closing price. On the day, 0.65 million shares were traded. GTN stock price reached its highest trading level at $5.43 during the session, while it also had its lowest trading level at $5.255.
Ratios:
For a better understanding of GTN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 2.30 whereas as Long-Term Debt/Eq ratio is at 2.29.
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 Mar 28 ’24 when HOWELL HILTON H JR bought 10,000 shares for $8.09 per share. The transaction valued at 80,934 led to the insider holds 2,982,386 shares of the business.
Howell Robin Robinson bought 10,000 shares of GTN for $80,934 on Mar 28 ’24. The Director now owns 2,982,386 shares after completing the transaction at $8.09 per share. On Jan 02 ’24, another insider, BOGER RICHARD LEE, who serves as the Director of the company, bought 399 shares for $8.97 each. As a result, the insider paid 3,578 and bolstered with 60,130 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 550084096 and an Enterprise Value of 7296280064. As of this moment, Gray’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 2.2 whereas that against EBITDA is 8.92.
Stock Price History:
Over the past 52 weeks, GTN has reached a high of $10.07, while it has fallen to a 52-week low of $4.15. The 50-Day Moving Average of the stock is 4.97%, while the 200-Day Moving Average is calculated to be -15.02%.
Shares Statistics:
Over the past 3-months, GTN traded about 1.51M shares per day on average, while over the past 10 days, GTN traded about 866140 shares per day. A total of 87.23M shares are outstanding, with a floating share count of 84.16M. Insiders hold about 15.56% of the company’s shares, while institutions hold 73.78% stake in the company. Shares short for GTN as of 1726185600 were 6282238 with a Short Ratio of 4.17, compared to 1723680000 on 7078257. Therefore, it implies a Short% of Shares Outstanding of 6282238 and a Short% of Float of 7.23.
Dividends & Splits
GTN’s forward annual dividend rate is 0.32, up from 0.32 a year ago. Against a Trailing Annual Dividend Yield of 0.058823526The stock’s 5-year Average Dividend Yield is 4.83.
