StockNews.com Begins Coverage on Beasley Broadcast Group (NASDAQ:BBGI)

Equities research analysts at StockNews.com initiated coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI) in a research note issued on Sunday. The firm set a “hold” rating on the stock.

Beasley Broadcast Group Trading Up 4.0 %

Shares of NASDAQ BBGI opened at $9.56 on Friday. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.60 and a quick ratio of 1.60. The firm has a market capitalization of $14.68 million, a PE ratio of 5.72 and a beta of 0.85. Beasley Broadcast Group has a twelve month low of $7.60 and a twelve month high of $19.58. The company has a fifty day moving average price of $9.19.

Beasley Broadcast Group (NASDAQ:BBGI) last released its earnings results on Tuesday, November 5th. The company reported ($2.33) earnings per share for the quarter. The firm had revenue of $58.19 million during the quarter, compared to analyst estimates of $61.10 million. Beasley Broadcast Group had a net margin of 1.07% and a negative return on equity of 5.12%. During the same period in the prior year, the firm earned $1.80 earnings per share. On average, equities analysts predict that Beasley Broadcast Group will post -1.2 earnings per share for the current year.

Beasley Broadcast Group Company Profile

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.