Where Will Gray Television, Inc. (GTN) Stock Go Next After It Is Up 14.33% in a Week?

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!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With GTN Stock Today?

Gray Television, Inc. (GTN) stock is down -3.49% while the S&P 500 has gained 0.18% as of 10:07 AM on Wednesday, Nov 8. GTN has fallen -$0.26 from the previous closing price of $7.44 on volume of 299,610 shares. Over the past year the S&P 500 is higher by 15.22% while GTN has fallen -23.37%. GTN earned $2.32 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 3.05. To screen for more stocks like 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.