Salem Media Group (NASDAQ:SALM) Now Covered by

Equities researchers at began coverage on shares of Salem Media Group (NASDAQ:SALMGet Free Report) in a research report issued to clients and investors on Friday. The firm set a “hold” rating on the stock.

Salem Media Group Trading Down 8.1 %

Shares of Salem Media Group stock opened at $0.24 on Friday. Salem Media Group has a 52 week low of $0.20 and a 52 week high of $1.02. The firm’s 50 day moving average is $0.31 and its two-hundred day moving average is $0.35.

Salem Media Group (NASDAQ:SALMGet Free Report) last posted its earnings results on Thursday, May 9th. The company reported ($0.19) EPS for the quarter. The company had revenue of $58.61 million for the quarter.

Salem Media Group Company Profile

(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.

Further Reading

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