Salem Media Group (NASDAQ:SALM) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Salem Media Group (NASDAQ:SALM) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the stock.

Salem Media Group Trading Up 0.4 %

Shares of SALM stock opened at $0.62 on Friday. The stock has a 50 day moving average of $0.64 and a 200 day moving average of $0.38. The stock has a market cap of $16.94 million, a P/E ratio of -1.83 and a beta of 0.32. Salem Media Group has a twelve month low of $0.15 and a twelve month high of $0.92.

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.