Gray Television Inc. GTN was a big mover last session, as the company saw its shares rise over 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $9.29 to $11.28 in the past one-month time frame.
The company has seen two negative revisions in the past 30 days while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's jump lasts.
Gray Television currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the broadcasting - radio/TV industry include AMC Networks Inc. AMCX, Entravision Communications Corporation EVC and Phoenix New Media Limited FENG. All of these have a Zacks Ran #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
AMC NETWORKS- A AMCX: Free Stock Analysis Report
ENTRAVISION COM EVC: Free Stock Analysis Report
PHOENIX NEW MED FENG: Free Stock Analysis Report
GRAY TELEVSN GTN: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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Gray Television currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the broadcasting - radio/TV industry include AMC Networks Inc. AMCX, Entravision Communications Corporation EVC and Phoenix New Media Limited FENG. All of these have a Zacks Ran #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
AMC NETWORKS- A AMCX: Free Stock Analysis Report
ENTRAVISION COM EVC: Free Stock Analysis Report
PHOENIX NEW MED FENG: Free Stock Analysis Report
GRAY TELEVSN GTN: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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