For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Gray Media Inc’s stock clocked out at $3.89, up 0.52% from its previous closing price of $3.87. In other words, the price has increased by $0.52 from its previous closing price. On the day, 2.84 million shares were traded.
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 5.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.36. 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:
As of this moment, Gray’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.59, and their Forward P/E ratio for the next fiscal year is 1.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.18.
Stock Price History:
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 8.25%, while the 200-Day Moving Average is calculated to be -19.29%.
Shares 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 66.37% stake in the company.
