Separately, TheStreet lowered shares of Gray Television from a b rating to a c+ rating in a research report on Thursday, June 6th.
Shares of GTN.A stock traded down $0.54 during trading on Thursday, hitting $16.85. 600 shares of the company were exchanged, compared to its average volume of 1,107. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.51 and a quick ratio of 2.51. The company has a market capitalization of $1.76 billion, a price-to-earnings ratio of 6.99 and a beta of 1.98. The business’s 50-day moving average is $16.76. Gray Television has a twelve month low of $12.91 and a twelve month high of $23.30.
About Gray Television
Gray Television, Inc, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.
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