Emmis Communications (OTCMKTS:EMMS) Trading Up 3.2% – Time to Buy?

Emmis Communications Co. (OTCMKTS:EMMSGet Free Report) shares were up 3.2% during mid-day trading on Tuesday . The company traded as high as $1.60 and last traded at $1.60. Approximately 250 shares traded hands during trading, a decline of 82% from the average session volume of 1,402 shares. The stock had previously closed at $1.55.

Emmis Communications Stock Up 3.2%

The firm has a market capitalization of $21.28 million, a PE ratio of 0.34 and a beta of 1.01. The firm’s 50 day moving average price is $1.57 and its two-hundred day moving average price is $1.71. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.57.

About Emmis Communications

(Get Free Report)

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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