Salem Media Group (NASDAQ:SALM) Research Coverage Started at StockNews.com

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

Salem Media Group Price Performance

Salem Media Group stock opened at $0.18 on Thursday. The company has a fifty day simple moving average of $0.23 and a 200-day simple moving average of $0.25. The firm has a market capitalization of $4.76 million, a price-to-earnings ratio of -0.51 and a beta of 0.71. Salem Media Group has a 52-week low of $0.15 and a 52-week high of $0.65.

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.