Salem Media Group (NASDAQ:SALM) Coverage Initiated at StockNews.com

Posted by on Dec 12th, 2024

Equities researchers at StockNews.com began coverage on shares of Salem Media Group (NASDAQ:SALM – Get Free Report) in a research report issued on Thursday. The firm set a “hold” rating on the stock.

Salem Media Group Stock Performance

SALM stock opened at $0.18 on Thursday. Salem Media Group has a 52 week low of $0.15 and a 52 week high of $0.65. The firm’s fifty day moving average is $0.24 and its 200 day moving average is $0.25. The firm has a market cap of $4.87 million, a P/E ratio of -0.53 and a beta of 0.71.

Salem Media Group Company Profile

(Get Free Report)

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.

Read More

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.