Gray Television, Inc. - Class A Shares Fall 4.6% Below Previous 52-Week Low - Market Mover
The shares fell 4.6% lower than its previous 52-week low of $8.44, with trading volume lower than its 30 day average
Mar 17, 2023 by Kwhen Finance Editors
Gray Television, Inc. - Class A (GTN.A) shares closed 4.6% lower than its previous 52 week low, giving the company a market cap of $1B. The stock is currently down 4.4% year-to-date, down 53.0% over the past 12 months, and down 10.4% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
- Trading volume this week was 88.4% lower than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
- The company share price is the same as the performance of its peers in the Communication Services industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Gray Television, Inc. - Class A | -5.7 | -4.4 | -53.0 | -58.9 | 6.0 |
| Dow Jones Industrial Average | -1.5 | 1.1 | 1.3 | -8.1 | 12.7 |
| S&P 500 Index | -1.5 | 5.7 | -5.7 | -13.8 | 13.4 |
| Communication Services | -1.0 | 14.1 | -17.1 | -22.3 | 23.7 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by -170.9%
- The company's stock price performance over the past 12 months lags the peer average by 124.0%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Gray Television, Inc. - Class A | GTN.A | 0 | -4.4 | -53.0 | -58.9 | 6.0 |
| Peer Avg | N/A | 15.1 | 6.2 | -23.7 | -13.9 | 11.1 |
| Walt Disney Co (The) | DIS | 58.7 | 16.4 | -28.1 | -35.0 | 11.7 |
| Fox Corporation - Class A | FOXA | 16.2 | 15.8 | -17.0 | ||
| Nexstar Media Group Inc - Class A | NXST | 6.9 | 5.2 | -4.1 | ||
| Montrose Environmental Group Inc | MEG | 0 | -24.7 | -34.8 | -40.1 | 21.4 |
| E.W. Scripps Co. - Class A | SSP | 5.8 | -11.4 | -46.6 | ||
| Sinclair Broadcast Group, Inc. - Class A | SBGI | 0.3 | 2.7 | -42.3 | ||
| Entravision Communications Corp. - Class A | EVC | 17.4 | 39.4 | 7.4 | -22.2 | 44.7 |
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