Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) released its earnings results on Thursday. The company reported $1.52 earnings per share for the quarter, Zacks reports. The business had revenue of $67.29 million for the quarter. Beasley Broadcast Group had a negative return on equity of 5.12% and a net margin of 1.07%.
Beasley Broadcast Group Price Performance
NASDAQ BBGI opened at $5.81 on Friday. The stock has a market capitalization of $8.92 million, a P/E ratio of 3.48 and a beta of 0.81. The firm has a 50 day moving average price of $7.61. Beasley Broadcast Group has a 1-year low of $5.76 and a 1-year high of $17.48. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.60 and a current ratio of 1.60.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on Beasley Broadcast Group in a research report on Tuesday. They issued a “hold” rating on the stock.
Beasley Broadcast Group Company Profile
Beasley Broadcast Group, Inc, a multi-platform media company, owns and operates radio stations in the United States. The company offers local and national advertisers integrated marketing solutions across audio, digital, and event platforms. It operates Houston Outlaws, an esports team that competes in the Overwatch League; and an esports team that competes in the Rocket League.
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