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.
As of close of business last night, Gray Media Inc’s stock clocked out at $3.28, down -1.20% from its previous closing price of $3.32. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 0.8 million shares were traded. GTN stock price reached its highest trading level at $3.36 during the session, while it also had its lowest trading level at $3.23.
Ratios:
To gain a deeper understanding of GTN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.19. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 360688480 and an Enterprise Value of 6858816512. 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 1.981 whereas that against EBITDA is 7.25.
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 $2.91. The 50-Day Moving Average of the stock is -15.64%, while the 200-Day Moving Average is calculated to be -35.65%.
Shares Statistics:
It appears that GTN traded 1.41M shares on average per day over the past three months and 1121230 shares per day over the past ten 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 65.61% stake in the company. Shares short for GTN as of 1735603200 were 4416723 with a Short Ratio of 3.13, compared to 1732838400 on 4496320. Therefore, it implies a Short% of Shares Outstanding of 4416723 and a Short% of Float of 5.09.
Dividends & Splits
With its trailing 12-month dividend rate of 0.32, GTN has a forward annual dividend rate of 0.32. Against a Trailing Annual Dividend Yield of 0.09638554The stock’s 5-year Average Dividend Yield is 4.83.
