The stock of Gray Media Inc (GTN) has seen a 12.85% increase in the past week, with a 20.60% gain in the past month, and a -29.25% decrease in the past quarter. The volatility ratio for the week is 7.45%, and the volatility levels for the past 30 days are at 6.50% for GTN. The simple moving average for the last 20 days is 14.12% for GTN’s stock, with a simple moving average of -19.09% for the last 200 days.
Is It Worth Investing in Gray Media Inc (NYSE: GTN) Right Now?
Gray Media Inc (NYSE: GTN) has a price-to-earnings ratio that is above its average at 2.69x. The stock has a 36-month beta value of 1.46. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 2 as “sell.”
The public float for GTN is 84.58M, and at present, short sellers hold a 5.52% of that float. On February 05, 2025, the average trading volume of GTN was 1.49M shares.
GTN) stock’s latest price update
Gray Media Inc (NYSE: GTN) has experienced a rise in its stock price by 9.19 compared to its previous closing price of 3.70. However, the company has seen a gain of 12.85% in its stock price over the last five trading days. globenewswire.com reported 2025-02-04 that ATLANTA, Feb. 04, 2025 (GLOBE NEWSWIRE) — Gray Media has renewed its daily, 30-minute news magazine InvestigateTV+ for a third season. The renewal naturally followed from continued ratings growth for the program in its second season, including weekly cumulative reach with Adults 18+ is up 5.7% in the first 18 weeks of the 2024-2025 season compared to the same period in 2023-2024 according to Nielsen. Gray also renewed the weekend edition of the show, InvestigateTV+ Weekend, for 2025-2026, its fifth season.
Analysts’ Opinion of GTN
Wells Fargo, on the other hand, stated in their research note that they expect to see GTN reach a price target of $7, previously predicting the price at $25. The rating they have provided for GTN stocks is “Underweight” according to the report published on November 09th, 2022.
Wells Fargo gave a rating of “Overweight” to GTN, setting the target price at $26 in the report published on January 03rd of the previous year.
GTN Trading at 10.06% from the 50-Day Moving Average
After a stumble in the market that brought GTN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -56.09% of loss for the given period.
Volatility was left at 6.50%, however, over the last 30 days, the volatility rate increased by 7.45%, as shares surge +17.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.13% lower at present.
During the last 5 trading sessions, GTN rose by +12.85%, which changed the moving average for the period of 200-days by -28.50% in comparison to the 20-day moving average, which settled at $3.54. In addition, Gray Media Inc saw 28.25% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GTN starting from McTear Paul, who sale 17,780 shares at the price of $3.77 back on Dec 16 ’24. After this action, McTear Paul now owns 95,360 shares of Gray Media Inc, valued at $67,020 using the latest closing price.
McTear Paul, the Director of Gray Media Inc, proposed sale 17,880 shares at $4.14 during a trade that took place back on Dec 11 ’24, which means that McTear Paul is holding shares at $74,023 based on the most recent closing price.
Stock Fundamentals for GTN
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.42 for the gross margin
The net margin for Gray Media Inc stands at 0.06. The total capital return value is set at 0.06. Equity return is now at value 7.25, with 1.84 for asset returns.
Based on Gray Media Inc (GTN), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 2.8. The interest coverage ratio of the stock is 1.33.
Currently, EBITDA for the company is 697.0 million with net debt to EBITDA at 5.58. When we switch over and look at the enterprise to sales, we see a ratio of 1.81. The receivables turnover for the company is 9.51for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.13.
Conclusion
To sum up, Gray Media Inc (GTN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
