Salem Media Group (NASDAQ:SALM) Research Coverage Started at

Equities research analysts at started coverage on shares of Salem Media Group (NASDAQ:SALMGet Free Report) in a report released on Monday. The firm set a “hold” rating on the stock.

Salem Media Group Trading Up 0.3 %

NASDAQ:SALM opened at $0.30 on Monday. Salem Media Group has a 52-week low of $0.24 and a 52-week high of $1.02. The stock has a fifty day moving average of $0.36 and a 200 day moving average of $0.40. The company has a debt-to-equity ratio of 1.16, a current ratio of 0.66 and a quick ratio of 0.64.

Salem Media Group (NASDAQ:SALMGet Free Report) last posted its quarterly earnings data on Thursday, May 9th. The company reported ($0.19) earnings per share (EPS) for the quarter. Salem Media Group had a negative net margin of 17.49% and a negative return on equity of 8.47%. The business had revenue of $58.61 million for the quarter.

About Salem Media Group

(Get Free Report)

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.

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