Gray Television Stock Today
| GTNA Stock | USD 7.38 0.03 0.40% |
Performance0 of 100
| Odds Of DistressLess than 1
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Gray Television is trading at 7.38 as of the 21st of November 2024, a 0.4 percent decrease since the beginning of the trading day. The stock's open price was 7.41. Gray Television has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Gray Television are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Media & Entertainment | Category Consumer Cyclical | Classification Communication Services |
Gray Television is entity of United States. It is traded as Stock on NYSE exchange. More on Gray Television
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Gray Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Business Concentration | Movies & Entertainment, Media & Entertainment, Communication Services, NYSE Composite, Communication Services, Entertainment, Media, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsGray Television can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Gray Television's financial leverage. It provides some insight into what part of Gray Television's total assets is financed by creditors.
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Gray Television (GTNA) is traded on New York Stock Exchange in USA . Gray Television is listed under Movies & Entertainment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 852.28 M. Gray Television conducts business under Entertainment sector and is part of Communication Services industry.
Gray Television generates positive cash flow from operations, but has no cash available
Check Gray Television Probability Of Bankruptcy
Gray Television Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Gray Television market risk premium is the additional return an investor will receive from holding Gray Television long position in a well-diversified portfolio.
| Mean Deviation | 4.12 | |||
| Semi Deviation | 6.25 | |||
| Standard Deviation | 7.66 | |||
| Variance | 58.62 |
Gray Stock Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gray Television. If investors know Gray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gray Television listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.3178 | Return On Equity 0.1103 |
The market value of Gray Television is measured differently than its book value, which is the value of Gray that is recorded on the company's balance sheet. Investors also form their own opinion of Gray Television's value that differs from its market value or its book value, called intrinsic value, which is Gray Television's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gray Television's market value can be influenced by many factors that don't directly affect Gray Television's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gray Television's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gray Television is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gray Television's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.