Salem Media Group (NASDAQ:SALM) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Salem Media Group (NASDAQ:SALM) in a report published on Saturday. The firm issued a hold rating on the stock.

Salem Media Group Trading Up 9.8 %

Shares of NASDAQ:SALM opened at $0.21 on Friday. Salem Media Group has a 12-month low of $0.15 and a 12-month high of $0.58. The stock has a market capitalization of $5.62 million, a price-to-earnings ratio of -0.61 and a beta of 0.71. The stock has a fifty day simple moving average of $0.22 and a two-hundred day simple moving average of $0.25.

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.