StockNews.com began coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI – Free Report) in a research report report published on Wednesday. The firm issued a hold rating on the stock.
Beasley Broadcast Group Stock Performance
Shares of BBGI stock opened at $0.70 on Wednesday. The firm has a market capitalization of $21.23 million, a price-to-earnings ratio of -0.28 and a beta of 1.00. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.79 and a quick ratio of 1.79. The business has a fifty day moving average of $0.80 and a 200 day moving average of $0.81. Beasley Broadcast Group has a 1 year low of $0.60 and a 1 year high of $1.28.
Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last issued its earnings results on Monday, February 12th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.06). The firm had revenue of $65.75 million during the quarter, compared to analysts’ expectations of $66.05 million. Beasley Broadcast Group had a negative return on equity of 3.99% and a negative net margin of 30.40%. As a group, research analysts expect that Beasley Broadcast Group will post -0.08 earnings per share for the current year.
Hedge Funds Weigh In On Beasley Broadcast Group
Beasley Broadcast Group Company Profile
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.
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