Salem Media Group (NASDAQ:SALM) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Salem Media Group (NASDAQ:SALM) in a research report issued on Tuesday. The firm set a “hold” rating on the stock.

Salem Media Group Trading Up 3.8 %

NASDAQ SALM opened at $0.22 on Tuesday. Salem Media Group has a fifty-two week low of $0.20 and a fifty-two week high of $0.65. The stock has a 50 day simple moving average of $0.25 and a two-hundred day simple moving average of $0.27.

Salem Media Group Company Profile

Salem Media Group, Inc operates as a multimedia company in the United States. It operates in three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio stations; offers programming to Christian and family-themed talk stations, music stations, and news talk stations; places advertising on Christian and talk formatted radio stations, and other commercial radio station formats; and operates Salem Podcast Network, a platform for conservative, political, news, and family-oriented podcasts.