Salem Media Group (NASDAQ:SALM) Earns Hold Rating from Analysts at StockNews.com

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

Salem Media Group Price Performance

Shares of NASDAQ:SALM opened at $0.56 on Monday. The business’s 50 day moving average price is $0.32 and its 200-day moving average price is $0.28. Salem Media Group has a 1 year low of $0.15 and a 1 year high of $0.85. The firm has a market capitalization of $15.25 million, a PE ratio of -1.65 and a beta of 0.31.

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.