Emmis Communications Co. (OTCMKTS:EMMS – Get Free Report) shares passed below its two hundred day moving average during trading on Friday. The stock has a two hundred 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 Stock Performance
The firm’s 50 day simple moving average is $1.60 and its 200-day simple moving average is $1.66. The company has a debt-to-equity ratio of 0.57, a quick ratio of 3.17 and a current ratio of 3.17. The company has a market cap of $20.62 million, a price-to-earnings ratio of 0.33 and a beta of 1.01.
About Emmis Communications
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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