Gray Television (NYSE:GTN.A) Shares Gap Up – Here’s What Happened

Gray Television, Inc. (NYSE:GTN.AGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $6.63, but opened at $6.98. Gray Television shares last traded at $6.85, with a volume of 111 shares trading hands.

Gray Television Price Performance

The company has a debt-to-equity ratio of 2.76, a current ratio of 1.13 and a quick ratio of 1.13. The company has a fifty day moving average of $7.11 and a 200-day moving average of $7.38. The firm has a market cap of $687.22 million, a P/E ratio of 4.60 and a beta of 1.21.

About Gray Television

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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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