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Gray Television (GTN) Looks Good: Stock Adds 17.2% in Session

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Gray Television Inc. (GTN - Free Report) was a big mover last session, as the company saw its shares rise by over 17% 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 for the company, as the stock is now up about 20% in the past one-month time frame.

Over the past 30 days, the company has seen one positive revision and its Zacks Consensus Estimate moved up, suggesting more solid trading ahead. So, make sure to keep an eye on this stock, going forward, to see if this recent jump can translate into more strength down the road.

Gray Television currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked broadcasting stocks include Belo Corp. , Entravision Communications Corporation (EVC - Free Report) and Discovery Communications, Inc. (DISCK - Free Report) . While Belo holds a Zacks Rank #1 (Strong Buy), Entravision and Discovery carry a Zacks Rank #2 (Buy).

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