Research analysts at StockNews.com assumed coverage on shares of Salem Media Group (NASDAQ:SALM – Get Free Report) in a research note issued on Sunday. The brokerage set a “hold” rating on the stock.
Salem Media Group Stock Performance
SALM opened at $0.25 on Friday. The company has a fifty day moving average of $0.26 and a two-hundred day moving average of $0.28. Salem Media Group has a fifty-two week low of $0.20 and a fifty-two week high of $0.76. The stock has a market capitalization of $6.81 million, a price-to-earnings ratio of -0.74 and a beta of 0.71.
About Salem Media Group
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