Beasley Broadcast Group (NASDAQ:BBGI) Now Covered by Analysts at StockNews.com

Investment analysts at StockNews.com started coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI) in a report issued on Monday. The firm set a “hold” rating on the stock.

Beasley Broadcast Group Stock Performance

NASDAQ:BBGI opened at $9.31 on Monday. The business has a fifty day simple moving average of $8.91. The stock has a market capitalization of $14.31 million, a PE ratio of 5.58 and a beta of 0.85. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.60 and a quick ratio of 1.60. Beasley Broadcast Group has a 1 year low of $7.60 and a 1 year high of $19.58.

Beasley Broadcast Group (NASDAQ:BBGI) last released its quarterly earnings data on Tuesday, November 5th. The company reported ($2.33) earnings per share (EPS) for the quarter. The business had revenue of $58.19 million during the quarter, compared to analysts’ expectations of $61.10 million. Beasley Broadcast Group had a negative return on equity of 5.12% and a net margin of 1.07%. During the same quarter in the previous year, the company posted $1.80 EPS. On average, analysts predict that Beasley Broadcast Group will post -1.2 EPS for the current year.

Beasley Broadcast Group Company Profile

Beasley Broadcast Group, Inc, a multi-platform media company, owns and operates radio stations in the United States. The company offers local and national advertisers integrated marketing solutions across audio, digital, and event platforms. It operates Houston Outlaws, an esports team that competes in the Overwatch League; and an esports team that competes in the Rocket League.