Shares of TEGNA Inc (NYSE:TGNA) traded today at $18.59, eclipsing its 52-week high. So far today approximately 650,000 shares have been exchanged, as compared to an average 30-day volume of 1.5 million shares.
Tegna Inc is a media company with a portfolio of broadcast stations and digital sites. The firm has around 62 television stations and more than 3 radio stations in approximately 51 U.S markets. It generates revenue from advertising and marketing services, subscription, political advertising, and other services. The company’s brands are JUSTICE NETWORK, QUEST, PREMION, and others.
Over the past year, TEGNA Inc has traded in a range of $9.61 to $18.59 and is now at $18.50, 93% above that low.
Based on a current price of $18.50, TEGNA Inc is currently 13.6% above its average consensus analyst price target of $15.98.
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