Gray Television (GTN) : Traders are bullish on Gray Television (GTN) as it has outperformed the S&P 500 by a wide margin of 3.12% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.82%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.79% in the last 1 week, and is up 3.51% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Gray Television, Inc. is up 1.77% in the last 3-month period. Year-to-Date the stock performance stands at -29.51%. The stock has recorded a 20-day Moving Average of 5.88% and the 50-Day Moving Average is 4.03%.
Gray Television (NYSE:GTN): The stock opened at $11.51 on Friday but the bulls could not build on the opening and the stock topped out at $11.54 for the day. The stock traded down to $11.38 during the day, due to lack of any buying support eventually closed down at $11.49 with a loss of -0.26% for the day. The stock had closed at $11.52 on the previous day. The total traded volume was 395,470 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.