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

Posted by on Jan 6th, 2025

StockNews.com assumed coverage on shares of Salem Media Group (NASDAQ:SALM – Free Report) in a report issued on Sunday. The firm issued a hold rating on the stock.

Salem Media Group Trading Up 1.9 %

NASDAQ SALM opened at $0.74 on Friday. Salem Media Group has a 12 month low of $0.15 and a 12 month high of $0.85. The stock has a 50-day simple moving average of $0.26 and a 200 day simple moving average of $0.26. The company has a market capitalization of $20.14 million, a PE ratio of -2.18 and a beta of 0.71.

Salem Media Group Company Profile

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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.

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