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

Equities researchers at StockNews.com started coverage on shares of Salem Media Group (NASDAQ:SALM) in a report released on Wednesday. The firm set a “hold” rating on the stock.

Salem Media Group Stock Down 1.9 %

Shares of NASDAQ:SALM opened at $0.52 on Wednesday. The stock has a market capitalization of $14.15 million, a PE ratio of -1.53 and a beta of 0.28. The firm’s 50 day moving average price is $0.66 and its 200-day moving average price is $0.42. Salem Media Group has a twelve month low of $0.15 and a twelve month high of $0.92.

Salem Media Group Company Profile

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.