Salem Media Group (NASDAQ:SALM) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Salem Media Group (NASDAQ:SALM) in a report released on Saturday. The firm issued a hold rating on the stock.

Salem Media Group Stock Down 1.8 %

Shares of SALM stock opened at $0.67 on Friday. The business has a 50 day moving average of $0.60 and a two-hundred day moving average of $0.37. The company has a market cap of $18.31 million, a P/E ratio of -1.98 and a beta of 0.32. Salem Media Group has a 52 week low of $0.15 and a 52 week high of $0.92.

Salem Media Group Company Profile

Salem Media Group, Inc operates as a multimedia company in the United States. It operates in three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio stations; offers programming to Christian and family-themed talk stations, music stations, and news talk stations; places advertising on Christian and talk formatted radio stations, and other commercial radio station formats; and operates Salem Podcast Network, a platform for conservative, political, news, and family-oriented podcasts.