Gray Television traded at $4.88 this Thursday February 19th, decreasing $0.16 or 3.17 percent since the previous trading session. Looking back, over the last four weeks, Gray Television lost 11.42 percent. Over the last 12 months, its price rose by 22.00 percent. Looking ahead, we forecast Gray Television to be priced at 4.73 by the end of this quarter and at 4.30 in one year, according to Trading Economics global macro models projections and analysts expectations.
Gray Television, Inc. is a television broadcast company. The Company owns and operates television stations and digital assets in various markets across the United States. The Company operates through two segments: broadcasting and production companies. The broadcasting segment operates television stations located across 94 local markets in the United States. The production companies segment includes the production of television and event content. It also owns video program production, marketing and digital businesses including Raycom Sports, Tupelo-Raycom, and RTM Studios, the producer of PowerNation programs and content, which refer collectively as its production companies. It has television stations serving approximately 113 markets in the United States. Its subsidiaries include WVLT-TV, Inc., Gray Media Group, Inc., Gray Television Licensee, LLC, Pearl Railroad Assembly Yard, LLC, Raycom Sports Network, Inc. and Tupelo Honey Raycom, LLC.