Gray Media Inc (NYSE: GTN) is -10.56% lower on its value in year-to-date trading and has touched a low of $2.91 and a high of $6.61 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 $4.28 in the last trading session, with the day’s loss setting it -2.82%.
Currently trading at $1.46M, the stock is 8.47% and 13.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.8 million and changing 1796359% at the moment leaves the stock 2.15% off its SMA200. GTN registered 37.14% gain for a year compared to 6-month gain of 31.31%.
The stock witnessed a 12.79% loss in the last 1 month and extending the period to 3 months gives it a -13.08%, and is 12.79% 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 3.19% over the week and 3.67% over the month.
Gray Media Inc (GTN) has around 9118 employees, a market worth around $486.00M and $3.60B in sales. Current P/E ratio is 1.87 and Fwd P/E is 1.64. Profit margin for the company is 6.27%. Distance from 52-week low is 48.45% and -34.64% from its 52-week high. The company has generated returns on investments over the last 12 months (2.64%).
The EPS is expected to shrink by -123.97% this year.
Gray Media Inc (GTN) Top Institutional Holders
The shares outstanding are 92.29M, and float is at 84.91M with Short Float at 4.56%.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.24 million shares valued at $37.67 million. The investor’s holdings represent 7.6259% of the GTN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.63 million shares valued at $29.28 million to account for 5.928 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 4.76 million shares representing 5.0117% and valued at over $24.76 million, while MORGAN STANLEY holds 4.8627 of the shares totaling 4.62 million with a market value of $24.02 million.
Gray Media Inc (GTN) Insider Activity
The most recent transaction is an insider purchase by Gignac Jeffrey R,the company’sExecutive Vice President, CFO. SEC filings show that Gignac Jeffrey R bought 12,500 shares of the company’s common stock on Jun 05 ’25 at a price of $3.68 per share for a total of $46000.0. Following the purchase, the insider now owns 0.64 million shares.
Gray Media Inc disclosed in a document filed with the SEC on Feb 28 ’25 that BOGER RICHARD LEE (Director) sold a total of 16,000 shares of the company’s common stock. The trade occurred on Feb 28 ’25 and was made at $3.85 per share for $61552.0. Following the transaction, the insider now directly holds 55347.0 shares of the GTN stock.