In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Gray Media Inc (NYSE: GTN) closed at $3.27 in the last session, down -3.54% from day before closing price of $3.39. In other words, the price has decreased by -$3.54 from its previous closing price. On the day, 1.08 million shares were traded. GTN stock price reached its highest trading level at $3.41 during the session, while it also had its lowest trading level at $3.24.
Ratios:
We take a closer look at GTN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.18. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 371475264 and an Enterprise Value of 6857862656. As of this moment, Gray’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at 1.98 whereas that against EBITDA is 7.249.
Stock Price History:
The Beta on a monthly basis for GTN is 1.38, which has changed by -0.61738145 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, GTN has reached a high of $10.07, while it has fallen to a 52-week low of $2.91. The 50-Day Moving Average of the stock is -20.90%, while the 200-Day Moving Average is calculated to be -36.74%.
Shares Statistics:
According to the various share statistics, GTN traded on average about 1.40M shares per day over the past 3-months and 1446940 shares per day over the past 10 days. A total of 90.82M shares are outstanding, with a floating share count of 84.58M. Insiders hold about 15.13% of the company’s shares, while institutions hold 65.62% stake in the company. Shares short for GTN as of 1734048000 were 4766892 with a Short Ratio of 3.15, compared to 1731628800 on 4617807. Therefore, it implies a Short% of Shares Outstanding of 4766892 and a Short% of Float of 5.4899998.
Dividends & Splits
The forward annual dividend rate for GTN is 0.32, which was 0.32 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.09439527The stock’s 5-year Average Dividend Yield is 4.83.
