Emmis Communications Co. (OTCMKTS:EMMS – Get Free Report)’s stock price traded down 11.4% during mid-day trading on Thursday . The stock traded as low as $1.55 and last traded at $1.55. 1,229 shares changed hands during trading, a decline of 26% from the average session volume of 1,659 shares. The stock had previously closed at $1.75.
Emmis Communications Stock Performance
The company has a market cap of $20.62 million, a P/E ratio of 0.33 and a beta of 1.01. The firm’s fifty day moving average price is $1.70 and its 200-day moving average price is $1.82. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.57.
About Emmis Communications
Emmis Communications Corporation, a diversified media company, engages in radio broadcasting activities in the United States. The company operates through two segments, Radio and Publishing. It operates 4 FM and 2 AM radio stations in New York and Indianapolis, as well as publishes Indianapolis Monthly magazine. The company also offers dynamic pricing consulting services; and sound masking solutions for offices and other commercial applications. Emmis Communications Corporation was founded in 1980 and is headquartered in Indianapolis, Indiana.
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