Gray Media Inc’s recently made public that its Director McTear Paul unloaded Company’s shares for reported $67020.0 on Dec 16 ’24. In the deal valued at $3.77 per share,17,780 shares were sold. As a result of this transaction, McTear Paul now holds 95,360 shares worth roughly $0.32 million.
Then, McTear Paul bought 17,880 shares, generating $74,023 in total proceeds.
Before that, Latek Kevin Paul sold 150,216 shares. Gray Media Inc shares valued at $656,444 were divested by the EVP Chief L & D Officer at a price of $4.37 per share. As a result of the transaction, Latek Kevin Paul now holds 509,212 shares, worth roughly $1.73 million.
Barrington Research downgraded its Gray Media Inc [GTN] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in early November from “an Overweight” to “an Underweight”. Loop Capital started covering the stock on October 15, 2020. It rated GTN as “a Buy”.
Price Performance Review of GTN
On Friday, Gray Media Inc [NYSE:GTN] saw its stock fall -4.24% to $3.39. Over the last five days, the stock has gained 1.19%. Gray Media Inc shares have risen nearly 7.62% since the year began. Nevertheless, the stocks have fallen -62.99% over the past one year. While a 52-week high of $10.07 was reached on 01/06/25, a 52-week low of $2.91 was recorded on 01/02/25. SMA at 50 days reached $4.18, while 200 days put it at $5.18.
Levels Of Support And Resistance For GTN Stock
The 24-hour chart illustrates a support level at 3.31, which if violated will result in even more drops to 3.23. On the upside, there is a resistance level at 3.48. A further resistance level may holdings at 3.58. The Relative Strength Index (RSI) on the 14-day chart is 43.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.45%. Stochastics %K at 65.92% indicates the stock is a holding.
How much short interest is there in Gray Media Inc?
A steep rise in short interest was recorded in Gray Media Inc stocks on 2024-12-13, growing by 0.15 million shares to a total of 4.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 4.62 million shares. There was a rise of 3.13%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 30, 2020 when Barrington Research resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $20.
