Gray Media Inc’s filing revealed that its Director BOGER RICHARD LEE unloaded Company’s shares for reported $61552.0 on Feb 28 ’25. In the deal valued at $3.85 per share,16,000 shares were sold. As a result of this transaction, BOGER RICHARD LEE now holds 55,347 shares worth roughly $0.2 million.
Then, BOGER RICHARD LEE bought 16,000 shares, generating $61,440 in total proceeds.
Before that, McTear Paul sold 17,780 shares. Gray Media Inc shares valued at $67,020 were divested by the Director at a price of $3.77 per share. As a result of the transaction, McTear Paul now holds 95,360 shares, worth roughly $0.34 million.
Wells Fargo upgraded its Gray Media Inc [GTN] rating to an Equal weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including Barrington Research’s analysts, who decreased its forecast for the stock in late February from “an Outperform” to “a Mkt perform”. Wells Fargo also remained covering GTN and has decreased its forecast on November 09, 2022 with a “an Underweight” recommendation from previously “an Overweight” rating.
Price Performance Review of GTN
On Tuesday, Gray Media Inc [NYSE:GTN] saw its stock fall -4.07% to $3.54. Over the last five days, the stock has lost -12.16%. Gray Media Inc shares have risen nearly 12.38% since the year began. Nevertheless, the stocks have fallen -39.38% over the past one year. While a 52-week high of $7.41 was reached on 02/11/25, a 52-week low of $2.91 was recorded on 01/02/25. SMA at 50 days reached $3.60, while 200 days put it at $4.77.
Levels Of Support And Resistance For GTN Stock
The 24-hour chart illustrates a support level at 3.49, which if violated will result in even more drops to 3.44. On the upside, there is a resistance level at 3.63. A further resistance level may holdings at 3.72. The Relative Strength Index (RSI) on the 14-day chart is 41.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.73%. Stochastics %K at 5.61% indicates the stock is a buying.
The most recent change occurred on October 15, 2020 when Loop Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $21 price target.
