StockNews.com assumed coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI – Free Report) in a research note issued to investors on Tuesday morning. The firm issued a hold rating on the stock.
Beasley Broadcast Group Trading Up 6.0 %
NASDAQ:BBGI opened at $8.77 on Tuesday. The business’s 50-day moving average price is $8.80. The company has a market capitalization of $13.51 million, a PE ratio of 5.25 and a beta of 0.85. Beasley Broadcast Group has a 1-year low of $7.60 and a 1-year high of $18.80. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.60 and a current ratio of 1.60.
Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last posted its earnings results on Tuesday, November 5th. The company reported ($2.33) earnings per share for the quarter. Beasley Broadcast Group had a negative return on equity of 5.12% and a net margin of 1.07%. The business had revenue of $58.19 million for the quarter, compared to the consensus estimate of $61.10 million. During the same period in the previous year, the firm earned $1.80 earnings per share.
About Beasley Broadcast Group
Beasley Broadcast Group, Inc, a multi-platform media company, owns and operates radio stations in the United States. The company offers local and national advertisers integrated marketing solutions across audio, digital, and event platforms. It operates Houston Outlaws, an esports team that competes in the Overwatch League; and an esports team that competes in the Rocket League.
Featured Stories
- Five stocks we like better than Beasley Broadcast Group
- What is the Nasdaq? Complete Overview with History
- SAP’s Strong Momentum: A Bullish Setup for Investors
- What Are Dividend Champions? How to Invest in the Champions
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Receive News & Ratings for Beasley Broadcast Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beasley Broadcast Group and related companies with MarketBeat.com's FREE daily email newsletter.