Gray Television (GTN) Receives Analyst Rating

Gray Television (GTN) has an average broker rating of 1, which is interpreted as a Strong Buy, as rated by 2 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.


Gray Television (NYSE:GTN): After opening at $10.78, the stock dipped to an intraday low of $10.58 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $10.94 and the buying power remained strong till the end. The stock closed at $10.84 for the day, a gain of 0.84% for the day session. The total traded volume was 767,258. The stocks close on the previous trading day was $10.75.

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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