StockNews.com began coverage on shares of Salem Media Group (NASDAQ:SALM – Free Report) in a research report report published on Thursday. The firm issued a hold rating on the stock.
Salem Media Group Stock Performance
SALM stock opened at $0.25 on Thursday. Salem Media Group has a one year low of $0.20 and a one year high of $0.80. The firm has a market cap of $6.80 million, a price-to-earnings ratio of -0.20 and a beta of 0.70. The firm has a 50-day simple moving average of $0.26 and a two-hundred day simple moving average of $0.29.
Salem Media Group (NASDAQ:SALM – Get Free Report) last announced its earnings results on Tuesday, August 6th. The company reported $0.08 earnings per share for the quarter. Salem Media Group had a negative net margin of 13.66% and a negative return on equity of 5.79%. The company had revenue of $60.61 million during the quarter.
About Salem Media Group
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.
Featured Articles
- Five stocks we like better than Salem Media Group
- Ride Out The Recession With These Dividend Kings
- Misses and Beats: 3 Stocks That Are Moving Markets Right Now
- How to buy stock: A step-by-step guide for beginners
- Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains
- Using the MarketBeat Dividend Tax Calculator
- MarketBeat Week in Review – 10/14 – 10/18
Receive News & Ratings for Salem Media Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salem Media Group and related companies with MarketBeat.com's FREE daily email newsletter.