Stock analysts at StockNews.com began coverage on shares of Salem Media Group (NASDAQ:SALM – Get Free Report) in a research report issued on Wednesday. The brokerage set a “hold” rating on the stock.
Salem Media Group Stock Down 3.7 %
NASDAQ SALM opened at $0.46 on Wednesday. The firm has a market cap of $12.52 million, a P/E ratio of -1.35 and a beta of 0.28. The company’s 50 day moving average is $0.66 and its 200-day moving average is $0.42. Salem Media Group has a 12-month low of $0.15 and a 12-month high of $0.92.
About Salem Media Group
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