MediaCo (NASDAQ:MDIA) Posts Earnings Results

MediaCo (NASDAQ:MDIA) issued its quarterly earnings data on Tuesday. The company reported ($0.12) EPS for the quarter, Zacks reports.

MediaCo Stock Up 4.6%

Shares of NASDAQ MDIA traded up $0.05 during midday trading on Tuesday, reaching $1.07. 11,310 shares of the stock were exchanged, compared to its average volume of 136,800. The firm has a market cap of $49.96 million, a price-to-earnings ratio of -2.97 and a beta of -0.34. MediaCo has a twelve month low of $0.79 and a twelve month high of $5.73. The firm has a 50-day simple moving average of $1.09 and a two-hundred day simple moving average of $1.15.

MediaCo Company Profile

MediaCo Holding Inc owns and operates radio stations in the United States. The company engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. It also offers digital advertising, and events, which includes sponsorships, ticket sales, licensing, and syndication services.