Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Gray Media Inc (NYSE: GTN) was $3.54 for the day, down -3.28% from the previous closing price of $3.66. In other words, the price has decreased by -$3.28 from its previous closing price. On the day, 0.8 million shares were traded. GTN stock price reached its highest trading level at $3.61 during the session, while it also had its lowest trading level at $3.47.
Ratios:
Our analysis of GTN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.27. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 385895392 and an Enterprise Value of 6883612672. As of this moment, Gray’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.24. 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 0.17. Its current Enterprise Value per Revenue stands at 1.988 whereas that against EBITDA is 7.277.
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 -16.28%, while the 200-Day Moving Average is calculated to be -31.87%.
Shares Statistics:
GTN traded an average of 1.39M shares per day over the past three months and 1417780 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 65.62% stake in the company. Shares short for GTN as of 1734048000 were 4766892 with a Short Ratio of 3.42, 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
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 0.08743169The stock’s 5-year Average Dividend Yield is 4.83.
