Gray Media Inc (NYSE:GTN) currently has a daily average trading volume of 1.34M but it saw 1726797 shares traded in last market. With a market cap of 433.39M USD, the company’s current market price of $4.10 came rising about 4.06 while comparing to the previous closing price of $3.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.16 and as low as $2.91.
Taking a look at 20-day trading activity of Gray Media Inc (GTN) gives us an average price of $3.85, while its current price level is -49.75% below from 52-week high level whereas it is 40.89% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.61 while that of 200 days or SMA-200 reads an average of $4.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.35% during that period while stretching the period over a month that increases to 6.37%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.89 which implies that the stock is in neutral territory.
Wells Fargo downgraded its recommendation for the stock as a “Underweight” from “Overweight” on November 09, 2022 while assigning a price target range of $25-$7. Wells Fargo issued its recommendations for the stock as it resumed the price target for the stock is $26.
Over the week, GTN’s stock price is moving -3.98% down while it is 23.49% when we observe its performance for the past one month. Year-to-date it is 30.16% up and over the past year, the stock is showing a downside performance of -52.66%.
Currently, Gray Media Inc’s total number of outstanding shares is 90.82M with 6.50% of that held by the insiders while 74.01% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.66% and return on equity (ROE) at 7.25%. It has a price to earnings ratio (P/E ratio) of 2.73. Stock’s beta reads 1.47. Stock has a price to book (P/B) ratio of 0.19 while price to sale or P/S ratio amounts to 0.13. Its return on asset (ROA) is 1.84% on average.
