Gray Television (GTN) Shares Slide -10.81%

Gray Television (GTN) : During the past 4 weeks, traders have been relatively bearish on Gray Television (GTN), hence the stock is down -11.56% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -10.75% relative to the S&P 500. The 4-week change in the price of the stock is -8.59% and the stock has fallen -10.81% in the past 1 week.

The stock has recorded a 20-day Moving Average of 10.12% and the 50-Day Moving Average is 11.78%. Gray Television, Inc. has dropped 22.96% during the last 3-month period . Year-to-Date the stock performance stands at -39.26%.


Gray Television (NYSE:GTN): On Fridays trading session , Opening price of the stock was $10.02 with an intraday high of $10.02. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $9.86. However, the stock managed to close at $9.9, a loss of 1.39% for the day. On the previous day, the stock had closed at $10.04. The total traded volume of the day was 894,480 shares.

Gray Television Inc. (Gray) is a broadcast company, which owns and/or operates television stations and digital assets in markets throughout the United States. Gray owns and operates television stations in 44 television markets broadcasting 139 program streams including 76 affiliates of the Big Four networks (ABC, CBS, NBC and FOX). Grays owned and/or operated stations include 26 channels affiliated with the CBS Network, 24 channels affiliated with the NBC Network, 16 channels affiliated with the ABC Network and 10 channels affiliated with the FOX Network. Gray reaches approximately 8.1% of total United States television households.

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