Overall market sentiment has been high on Gray Television, Inc. (GTN) stock lately. GTN receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Gray Television, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GTN!
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With GTN Stock Today?
Gray Television, Inc. (GTN) stock is trading at $18.81 as of 12:42 PM on Monday, Aug 8, a drop of -$0.64, or -3.29% from the previous closing price of $19.45. The stock has traded between $18.71 and $19.41 so far today. Volume today is low. So far 221,536 shares have traded compared to average volume of 642,203 shares.
To see InvestorsObserver's Sentiment Score for Gray Television, Inc. click here.
More About Gray Television, Inc.
Gray Television Inc is a television broadcast company. The company is engaged in owning and operating television stations. It also owns video program production, marketing, and digital business. The company has two segments namely, Broadcasting and Production companies. It generates revenue maximum revenue from the Broadcasting segment.
Click Here to get the full Stock Report for Gray Television, Inc. stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter