Gray Television Inc. (GTN) was among the biggest gainers on the Russell 2000 for Tuesday February 16 as the stock popped 6.14% to $11.04, representing a gain of $0.639 per share. Some 501,990 shares traded hands on 3,441 trades, compared with an average daily volume of 751,824 shares out of a total float of 72.35 million. The stock opened at $10.63 and traded with an intraday range of $11.06 to $10.59.
After today's gains, Gray Television Inc. reached a market cap of $798.68 million. Gray Television Inc. has had a trading range between $18.07 and $9.95 over the last year, and it had a 50-day SMA of $14.12 and a 200-day SMA of $14.66.
The stock has a P/E Ratio of 11.7.
Gray Television Inc is a broadcast company that owns and operates television stations in 44 television markets broadcasting 139 program streams including 76 affiliates of the Big Four networks. It also owns and operates digital assets in markets.
Gray Television Inc. is based out of Atlanta, GA and has some 2,937 employees. Its CEO is Hilton H. Howell.
For a complete fundamental analysis analysis of Gray Television Inc., check out Equities.com’s Stock Valuation Analysis report for GTN. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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