MediaCo (NASDAQ:MDIA) Issues Earnings Results

MediaCo (NASDAQ:MDIA) posted its quarterly earnings data on Tuesday. The company reported ($0.12) earnings per share for the quarter, Zacks reports.

MediaCo Trading Up 4.6%

Shares of MediaCo stock traded up $0.05 during midday trading on Tuesday, reaching $1.07. The company had a trading volume of 11,310 shares, compared to its average volume of 87,992. The stock has a fifty day simple moving average of $1.09 and a 200 day simple moving average of $1.15. MediaCo has a 1-year low of $0.79 and a 1-year high of $5.73. The company has a market capitalization of $49.96 million, a price-to-earnings ratio of -2.97 and a beta of -0.34.

About MediaCo

MediaCo Holding Inc owns and operates radio stations in the United States. The company engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. It also offers digital advertising, and events, which includes sponsorships, ticket sales, licensing, and syndication services.