Emmis Communications (OTCMKTS:EMMS) Shares Up 3.2% – Here’s What Happened

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

Emmis Communications Trading Up 3.2%

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

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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