Market Watch: Gray Media Inc (GTN)’s Noteworthy Drop, Closing at 3.34

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As of close of business last night, Gray Media Inc’s stock clocked out at $3.34, down -0.30% from its previous closing price of $3.35. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 1.48 million shares were traded. GTN stock price reached its highest trading level at $3.43 during the session, while it also had its lowest trading level at $3.27.

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 2.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.63. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 1.94 whereas as Long-Term Debt/Eq ratio is at 1.93.

Wells Fargo Downgraded its Overweight to Underweight on November 09, 2022, whereas the target price for the stock was revised 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 Feb 28 ’25 when BOGER RICHARD LEE sold 16,000 shares for $3.85 per share. The transaction valued at 61,552 led to the insider holds 55,347 shares of the business.

BOGER RICHARD LEE bought 16,000 shares of GTN for $61,440 on Feb 28 ’25. On Dec 16 ’24, another insider, McTear Paul, who serves as the Director of the company, sold 17,780 shares for $3.77 each. As a result, the insider received 67,020 and left with 95,360 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 382824096 and an Enterprise Value of 6533270016. As of this moment, Gray’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.00, and their Forward P/E ratio for the next fiscal year is 1.22. 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 1.793 whereas that against EBITDA is 5.716.

Stock Price History:

The Beta on a monthly basis for GTN is 1.17, which has changed by -0.48456788 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. 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 -14.40%, while the 200-Day Moving Average is calculated to be -25.08%.

Shares Statistics:

It appears that GTN traded 1.59M shares on average per day over the past three months and 1017490 shares per day over the past ten days. A total of 90.77M shares are outstanding, with a floating share count of 85.26M. Insiders hold about 16.31% of the company’s shares, while institutions hold 64.95% stake in the company. Shares short for GTN as of 1744675200 were 3646628 with a Short Ratio of 2.30, compared to 1741910400 on 4119804. Therefore, it implies a Short% of Shares Outstanding of 3646628 and a Short% of Float of 4.2600001999999995.

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 0.09552239The stock’s 5-year Average Dividend Yield is 4.83.

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