Stock analysts at StockNews.com began coverage on shares of Salem Media Group (NASDAQ:SALM – Get Free Report) in a note issued to investors on Saturday. The firm set a “hold” rating on the stock.
Salem Media Group Stock Up 9.8 %
Shares of Salem Media Group stock opened at $0.21 on Friday. The company has a market capitalization of $5.62 million, a price-to-earnings ratio of -0.61 and a beta of 0.71. The stock’s 50-day simple moving average is $0.22 and its 200-day simple moving average is $0.25. Salem Media Group has a 52 week low of $0.15 and a 52 week high of $0.58.
About Salem Media Group
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