Beasley Broadcast Group (NASDAQ:BBGI) Issues Quarterly Earnings Results

Beasley Broadcast Group (NASDAQ:BBGI) issued its quarterly earnings results on Thursday. The company reported $1.52 EPS for the quarter, Zacks reports. Beasley Broadcast Group had a negative return on equity of 5.12% and a net margin of 1.07%.

Beasley Broadcast Group Trading Up 1.4 %

Shares of NASDAQ:BBGI opened at $5.98 on Friday. Beasley Broadcast Group has a 1-year low of $5.76 and a 1-year high of $17.89. The firm has a market cap of $9.19 million, a price-to-earnings ratio of 3.58 and a beta of 0.81. The stock’s 50 day moving average price is $7.68. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.60 and a quick ratio of 1.60.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Beasley Broadcast Group in a report on Tuesday. They set a “hold” rating on the stock.

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.