Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Gray Media Inc’s current trading price is -40.49% away from its 52-week high, while its distance from the 52-week low is 51.55%. The stock’s price range over this period has fluctuated between $2.91 and $7.41. The company, operating within the financial sector, had a trading volume of approximately 1.38 million for the day, which was noticeably lower than the average daily share volume of 1.57 million over the last 3 months.
In terms of market performance, Gray Media Inc had a fairly uneven. The highest value for the stock in the past year was $7.41 on 05/07/24, and the lowest value was recorded at $2.91 on 12/24/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Gray Media Inc (GTN) has experienced a quarterly rise of 44.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 482.74M and boasts a workforce of 9118 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.04, with a change in price of -1.41. Similarly, Gray Media Inc recorded 1,589,054 in trading volume during the last 100 days, posting a change of -24.23%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GTN stands at 1.94. Similarly, the long-term debt-to-equity ratio is also 1.93.
GTN Stock Stochastic Average
Today’s raw stochastic average for Gray Media Inc over the last 50 days is 57.89%.This indicates a increase from the raw stochastic average of the past 20 days, which was 53.56%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 65.52% and 71.97%, respectively.
GTN Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 40.00%.However, over the last six months, we can see a stronger performance of -13.87%. Over the last 30 days, the price of GTN has fallen by 13.95%. And in the last five days, it has fallen by -15.03%.
