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Gray Television (GTN) Jumps: Stock Rises 9.1%

Zacks Equity Research

Gray Television Inc. (GTN) was a big mover last session, as the company saw its shares rise by over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained over 39% since Nov 19.

This broadcasting company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Gray Television currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other stocks worth considering in the broadcasting industry include Belo Corp. (BLC), British Sky Broadcasting Group plc (BSYBY) and Discovery Communications, Inc. (DISCK). While Belo Corp. holds a Zacks Rank #1 (Strong Buy), British Sky Broadcasting and Discovery Communications carry a Zacks Rank #2 (Buy).

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GRAY TELEVISION INC (GTN): Free Stock Analysis Report

BELO CORP (BLC): Free Stock Analysis Report

BRITISH SKY ADS (BSYBY): Free Stock Analysis Report

(DISCK): Free Stock Analysis Report

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