Salem Media Group (NASDAQ:SALM) Earns Hold Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Salem Media Group (NASDAQ:SALM) in a report released on Tuesday. The firm set a “hold” rating on the stock.

Salem Media Group Trading Up 4.3 %

Shares of Salem Media Group stock opened at $0.60 on Tuesday. Salem Media Group has a 12-month low of $0.15 and a 12-month high of $0.85. The company has a 50-day simple moving average of $0.34 and a 200 day simple moving average of $0.29.

Salem Media Group Company Profile

Salem Media Group, Inc operates as a multimedia company in the United States. It operates in three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio stations; offers 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.