Emmis Communications Co. (OTCMKTS:EMMS – Get Free Report)’s stock price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $1.62 and traded as high as $1.70. Emmis Communications shares last traded at $1.70, with a volume of 1,513 shares.
Emmis Communications Stock Performance
The company has a debt-to-equity ratio of 0.57, a quick ratio of 3.17 and a current ratio of 3.17. The stock has a market capitalization of $22.61 million, a P/E ratio of 0.36 and a beta of 1.01. The business’s fifty day moving average price is $1.60 and its two-hundred day moving average price is $1.62.
About Emmis Communications
Emmis Communications Corporation is a media company founded in 1980 by Jeff Smulyan. The company built its business primarily through the ownership and operation of commercial radio stations, serving listeners in major U.S. markets with music, talk, news, sports and other locally focused programming.
Over its history, Emmis has owned radio stations in markets including Indianapolis, New York, Los Angeles, Austin and St. Louis. It has also operated digital media and radio-technology businesses, including initiatives designed to connect broadcast radio with mobile devices and digital content.
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