(GTN-A) Gray Television - Ratings and Ratios

Gray Media, Inc., a multimedia conglomerate, operates a diverse portfolio of television stations and digital assets across the United States. The companys multifaceted business model is segmented into Broadcasting, Production Companies, and Other divisions, enabling it to capitalize on various revenue streams. In addition to its television broadcasting operations, Gray Media, Inc. owns Gray Digital Media, a digital marketing agency that crafts bespoke strategies for clients. The company also operates video production companies and studio facilities, further expanding its multimedia capabilities. Notably, the companys name change from Gray Television, Inc. to Gray Media, Inc. in January 2025 reflects its evolving business scope.

With a rich history dating back to 1891, Gray Media, Inc. is headquartered in Atlanta, Georgia, and maintains a strong online presence through its website, https://gray.tv. As a prominent player in the Broadcasting industry, the companys common stock (GTN-A) offers investors a unique opportunity to participate in the media landscape.

Analyzing the provided , we observe that the stocks Last Price is $7.60, with short-term moving averages (SMA20 and SMA50) converging at $7.16, indicating a potential bullish signal. The longer-term SMA200 stands at $7.27, suggesting a relatively stable trend. The Average True Range (ATR) of 0.43 (5.62% of the Last Price) implies moderate volatility. Considering the 52-week price range ($4.88 - $10.26), the stock appears to be trading within a reasonable band.

From a fundamental perspective, Gray Media, Inc.s Market Cap stands at $418.22M USD, with a relatively low P/E ratio of 2.21 and a Forward P/E of 2.06, indicating potential undervaluation. The companys Return on Equity (RoE) of 14.33% suggests a decent level of profitability. By combining these fundamental insights with the technical data, we can forecast that Gray Media, Inc.s stock may experience a moderate increase in the short term, potentially reaching $8.50 within the next few quarters, driven by the companys diversified revenue streams and relatively stable trend.

Based on the analysis, a potential trading strategy could involve buying the stock at the current price, with a target price of $8.50 and a stop-loss at $6.80, approximately 10% below the current price. This strategy is grounded in the stocks technical and fundamental characteristics, providing a risk-reward ratio that warrants consideration.