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.
Gray Media Inc (NYSE: GTN) closed the day trading at $3.47 down -4.67% from the previous closing price of $3.64. In other words, the price has decreased by -$4.67 from its previous closing price. On the day, 2.57 million shares were traded. GTN stock price reached its highest trading level at $3.735 during the session, while it also had its lowest trading level at $3.31.
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 2.85 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:
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 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 403845536 and an Enterprise Value of 6562486272. As of this moment, Gray’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.04, and their Forward P/E ratio for the next fiscal year is 1.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at 1.801 whereas that against EBITDA is 5.741.
Stock Price History:
The Beta on a monthly basis for GTN is 1.16, which has changed by -0.4148398 over the last 52 weeks, in comparison to a change of -0.028342128 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 -14.98%, while the 200-Day Moving Average is calculated to be -24.47%.
Shares Statistics:
Over the past 3-months, GTN traded about 1.56M shares per day on average, while over the past 10 days, GTN traded about 1557500 shares per day. 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 64.73% stake in the company. Shares short for GTN as of 1741910400 were 4119804 with a Short Ratio of 2.65, compared to 1739491200 on 4569983. Therefore, it implies a Short% of Shares Outstanding of 4119804 and a Short% of Float of 4.81.
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 0.08791208The stock’s 5-year Average Dividend Yield is 4.83.
