Gray Television Inc. (GTN) Catches Eye: Stock Jumps 12.1% - Tale of the Tape

By Zacks Equity Research,

Shutterstock photo

Gray Television Inc. ( GTN ) was a big mover last session, as the company saw its shares rise around 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the volatile price range of $8.26 to $9.20 in which this television company was trading in the past one-month time frame.

The company has seen 1 negative revision in the past one month and its Zacks Consensus Estimate moved lower over the same period, 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 move higher lasts.

Gray Television currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better performing Broadcasting stocks include Denso Corp. ( DNZOY ), Carbonite, Inc. ( CARB ) and Atlantic Power Corp. ( AT ). While Denso Corp. holds a Zacks Rank #1 (Strong Buy), Carbonite and Atlantic Power carry a Zacks Rank #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 >>

ATLANTIC PWR CP (AT): Free Stock Analysis Report

CARBONITE INC (CARB): Free Stock Analysis Report

DENSO CORP (DNZOY): Get Free Report

GRAY TELEVSN (GTN): Free Stock Analysis Report

To read this article on click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: AT , CARB , DNZOY , GTN

More from


Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by