Gray Television (NYSE:GTN.A) Shares Gap Up – Time to Buy?

Gray Television, Inc. (NYSE:GTN.AGet Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $7.43, but opened at $7.98. Gray Television shares last traded at $6.96, with a volume of 3,573 shares changing hands.

Gray Television Trading Down 6.5 %

The firm has a market capitalization of $692.19 million, a PE ratio of 4.63 and a beta of 1.21. The stock’s 50-day simple moving average is $7.12 and its 200-day simple moving average is $7.34. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.13 and a current ratio of 1.13.

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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