Beasley Broadcast Group Inc (NASDAQ:BBGI) CEO Caroline Beasley acquired 5,000 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was purchased at an average cost of $2.85 per share, for a total transaction of $14,250.00. Following the completion of the transaction, the chief executive officer now owns 223,582 shares in the company, valued at approximately $637,208.70. The purchase was disclosed in a document filed with the SEC, which is available at this link.
Shares of BBGI traded up $0.03 during midday trading on Tuesday, reaching $2.86. The stock had a trading volume of 100 shares, compared to its average volume of 26,693. The company has a market cap of $79.02 million, a price-to-earnings ratio of 10.90 and a beta of 1.04. The company’s fifty day simple moving average is $2.91 and its two-hundred day simple moving average is $3.13. Beasley Broadcast Group Inc has a 1-year low of $2.80 and a 1-year high of $5.24. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.65 and a quick ratio of 1.65.
Beasley Broadcast Group (NASDAQ:BBGI) last posted its earnings results on Thursday, November 7th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.01). The business had revenue of $66.12 million during the quarter. Beasley Broadcast Group had a net margin of 4.06% and a return on equity of 2.60%.
Beasley Broadcast Group Company Profile
Beasley Broadcast Group, Inc, a radio broadcasting company, operates radio stations in the United States. As of February 11, 2019, it owned and operated 64 stations, including 46 FM and 18 AM stations in 15 large- and mid-size markets. The company was founded in 1961 and is headquartered in Naples, Florida.
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