Gray Television, Inc. (NYSE: GTN) is -35.38% lower on its value in year-to-date trading and has touched a low of $5.44 and a high of $10.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GTN stock was last observed hovering at around $5.65 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $5.79, the stock is -1.91% and -9.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing 2.48% at the moment leaves the stock -24.32% off its SMA200. GTN registered -29.90% loss for a year compared to 6-month loss of -14.35%.
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The stock witnessed a 1.22% gain in the last 1 month and extending the period to 3 months gives it a -33.60%, and is 1.94% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.15% over the week and 3.75% over the month.
Gray Television, Inc. (GTN) has around 9374 employees, a market worth around $562.79M and $3.28B in sales. Profit margin for the company is -3.90%. Distance from 52-week low is 6.43% and -45.84% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.45%).
The EPS is expected to grow by 367.93% this year
The shares outstanding are 87.23M, and float is at 81.75M with Short Float at 8.18%.
Gray Television, Inc. (GTN) Insider Activity
The most recent transaction is an insider purchase by Howell Robin Robinson, the company’s Director. SEC filings show that Howell Robin Robinson bought 10,000 shares of the company’s common stock on Mar 28 ’24 at a price of $8.09 per share for a total of $80934.0. Following the purchase, the insider now owns 2.98 million shares.
Gray Television, Inc. disclosed in a document filed with the SEC on Mar 28 ’24 that HOWELL HILTON H JR (Chairman, President & CEO) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Mar 28 ’24 and was made at $8.09 per share for $80934.0. Following the transaction, the insider now directly holds 2.98 million shares of the GTN stock.
Still, SEC filings show that on Jan 02 ’24, BOGER RICHARD LEE (Director) acquired 399 shares at an average price of $8.97 for $3578.0. The insider now directly holds 60,130 shares of Gray Television, Inc. (GTN).
