Gray Media Inc (NYSE:GTN) shares, rose in value, without any change to the previous day’s close as strong demand from buyers drove the stock to $3.34.
Actively observing the price movement in the last trading, the stock closed the session at $3.34, falling within a range of $3.305 and $3.4. The value of beta (5-year monthly) was 1.104 whereas the PE ratio was 1.00 over 12-month period. Referring to stock’s 52-week performance, its high was $7.41, and the low was $2.91. On the whole, GTN has fluctuated by -34.77% over the past month.
With the market capitalization of Gray Media Inc currently standing at about $371.99 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26. The company’s Forward Dividend Ratio is 0.32, with its dividend yield at 9.58%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.21B, with a low estimate of 770M and a high estimate of 777.8M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 772.71M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GTN’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of GTN currently trading nearly -15.65% and -16.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.51, while the 7-day volatility ratio is showing 3.95% which for the 30-day chart, stands at 6.80%. Furthermore, Gray Media Inc (GTN)’s beta value is 1.21, and its average true range (ATR) is 0.26.
A comparison of Gray Media Inc (GTN) with its peers suggests the former has fared considerably weaker in the market. GTN showed an intraday change of 0.00% in last session, and over the past year, it shrunk by -39.60%%.
Data on historical trading for Gray Media Inc (NYSE:GTN) indicates that the trading volumes over the past 10 days have averaged 1.46 and over the past 3 months, they’ve averaged 1.61 million. According to company’s latest data on outstanding shares, there are 90.77 million shares outstanding.
Nearly 16.31% of Gray Media Inc’s shares belong to company insiders and institutional investors own 64.86% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.38 million shares as on 2025-03-31, resulting in a short ratio of 1.66. According to the data, the short interest in Gray Media Inc (GTN) stood at 394.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 3.69 million. The stock has risen by 6.03% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GTN stock heading into the next quarter.
