SALM has been the topic of a number of other reports. EF Hutton Acquisition Co. I dropped their price objective on shares of Salem Media Group from $6.00 to $5.00 and set a buy rating on the stock in a report on Monday, November 7th. TheStreet lowered shares of Salem Media Group from a c rating to a d rating in a report on Friday, November 4th.
Salem Media Group Stock Performance
Shares of NASDAQ:SALM opened at $1.32 on Monday. Salem Media Group has a 12 month low of $1.24 and a 12 month high of $4.19. The company has a quick ratio of 0.76, a current ratio of 0.79 and a debt-to-equity ratio of 0.88. The company’s fifty day simple moving average is $1.71 and its 200 day simple moving average is $2.17. The firm has a market cap of $35.93 million, a price-to-earnings ratio of 2.36 and a beta of 1.29.
Institutional Investors Weigh In On Salem Media Group
About Salem Media Group
Salem Media Group, Inc operates as a multimedia company in the United States. It operates through three segments: Broadcast, Digital Media, and Publishing. The company owns and operates 32 FM radio stations and 69 AM radio stations; offers programs on the Family Talk Christian-themed talk format station on SiriusXM Channel 131; provides 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.
- Get a free copy of the StockNews.com research report on Salem Media Group (SALM)
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