Beasley Broadcast Group (NASDAQ:BBGI) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI) in a report released on Wednesday. The firm issued a hold rating on the stock.

Beasley Broadcast Group Stock Performance

Shares of NASDAQ:BBGI opened at $8.31 on Wednesday. The stock’s 50 day moving average is $8.81. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.82. Beasley Broadcast Group has a one year low of $7.60 and a one year high of $18.80. The stock has a market capitalization of $12.80 million, a price-to-earnings ratio of 4.98 and a beta of 0.85.

Beasley Broadcast Group (NASDAQ:BBGI) last issued its earnings results on Tuesday, November 5th. The company reported ($2.33) earnings per share for the quarter. Beasley Broadcast Group had a net margin of 1.07% and a negative return on equity of 5.12%. The firm had revenue of $58.19 million for the quarter, compared to the consensus estimate of $61.10 million. During the same period last year, the firm earned $1.80 earnings per share.

About Beasley Broadcast Group

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.