Emmis Communications Co. (OTCMKTS:EMMS – Get Free Report) shares crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $1.66 and traded as low as $1.55. Emmis Communications shares last traded at $1.55, with a volume of 250 shares changing hands.
Emmis Communications Price Performance
The stock has a 50-day moving average price of $1.60 and a two-hundred day moving average price of $1.66. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.57. The stock has a market cap of $20.62 million, a price-to-earnings ratio of 0.33 and a beta of 1.01.
Emmis Communications Company Profile
Emmis Communications Corporation is a media company founded in 1980 by Jeffrey Smulyan and headquartered in Indianapolis, Indiana. The company has historically focused on owning and operating broadcast radio stations, primarily serving metropolitan markets in the United States. Its radio programming has included music, news, talk, sports and urban formats, delivered through terrestrial broadcast and digital platforms.
Over the years, Emmis expanded beyond traditional radio through digital audio initiatives and publishing activities.
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