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 Tuesday. The brokerage issued a hold rating on the stock.

Salem Media Group Price Performance

NASDAQ SALM opened at $1.02 on Tuesday. The stock’s 50-day moving average is $0.91 and its two-hundred day moving average is $0.62. Salem Media Group has a fifty-two week low of $0.15 and a fifty-two week high of $2.09. The firm has a market cap of $27.63 million, a P/E ratio of -2.99 and a beta of -0.15.

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.