Emmis Communications (OTCMKTS:EMMS) Trading Down 11.4% – What’s Next?

Emmis Communications Co. (OTCMKTS:EMMS) fell 11.4% during trading on Thursday . The company traded as low as $1.55 and last traded at $1.55. 1,229 shares traded hands during trading, a decline of 26% from the average session volume of 1,659 shares. The stock had previously closed at $1.75.

Emmis Communications Price Performance

The stock has a market capitalization of $20.62 million, a price-to-earnings ratio of 0.33 and a beta of 1.01. 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 50-day simple moving average of $1.70 and a 200 day simple moving average of $1.82.

Emmis Communications Company Profile

Emmis Communications Corporation, a diversified media company, engages in radio broadcasting activities in the United States. The company operates through two segments, Radio and Publishing. It operates 4 FM and 2 AM radio stations in New York and Indianapolis, as well as publishes Indianapolis Monthly magazine. The company also offers dynamic pricing consulting services; and sound masking solutions for offices and other commercial applications. Emmis Communications Corporation was founded in 1980 and is headquartered in Indianapolis, Indiana.