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 -51.15% away from its 52-week high, while its distance from the 52-week low is 24.40%. 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 0.77 million for the day, which was noticeably lower than the average daily share volume of 1.59 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 decline of -3.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 414.91M 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 3.75, with a change in price of -0.50. Similarly, Gray Media Inc recorded 1,520,418 in trading volume during the last 100 days, posting a change of -12.14%.
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 24.31%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 76.09%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 38.00% and 27.05%, respectively.
GTN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 14.92%. However, over the past six months, we’ve seen a stronger performance of -36.71%. The price of GTN leaped by -16.97% over the last 30 days. And in the last five days, it has surged by 6.78%.
