Gray Television (NYSE:GTN.A) Posts Earnings Results

Gray Television (NYSE:GTN.A) announced its quarterly earnings results on Thursday. The company reported $1.59 earnings per share (EPS) for the quarter, Zacks reports. Gray Television had a return on equity of 9.60% and a net margin of 5.69%.

Gray Television Stock Up 0.5 %

Shares of Gray Television stock traded up $0.03 during midday trading on Thursday, reaching $6.55. 371 shares of the company’s stock traded hands, compared to its average volume of 5,894. The company has a market cap of $652.82 million, a price-to-earnings ratio of 4.37 and a beta of 1.21. The company’s 50 day simple moving average is $7.13 and its 200 day simple moving average is $7.33. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.13 and a current ratio of 1.13. Gray Television has a 52 week low of $5.00 and a 52 week high of $10.90.

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.