Equities research analysts at StockNews.com initiated coverage on shares of Salem Media Group (NASDAQ:SALM – Get Free Report) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the stock.
Salem Media Group Trading Down 10.8 %
Shares of NASDAQ:SALM opened at $0.32 on Wednesday. The business’s 50-day moving average is $0.36 and its 200 day moving average is $0.47. Salem Media Group has a 1 year low of $0.24 and a 1 year high of $1.08. The firm has a market capitalization of $8.58 million, a P/E ratio of -0.19 and a beta of 0.84. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.66 and a quick ratio of 0.64.
About Salem Media Group
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