StockNews.com began coverage on shares of Salem Media Group (NASDAQ:SALM – Free Report) in a report published on Wednesday morning. The firm issued a hold rating on the stock.
Salem Media Group Stock Performance
Shares of NASDAQ SALM opened at $0.40 on Wednesday. The stock’s 50 day moving average price is $0.36 and its two-hundred day moving average price is $0.47. Salem Media Group has a 52-week low of $0.24 and a 52-week high of $1.08. The stock has a market capitalization of $10.83 million, a P/E ratio of -0.24 and a beta of 0.84. The company has a quick ratio of 0.64, a current ratio of 0.66 and a debt-to-equity ratio of 1.16.
About Salem Media Group
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