Cumulus Media (NASDAQ:CMLS) Stock Rating Lowered by Zacks Research

Cumulus Media (NASDAQ:CMLS – Get Free Report) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Monday,Zacks.com reports.

Cumulus Media Stock Performance

Shares of CMLS opened at $0.10 on Monday. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 3.68. The business has a 50-day simple moving average of $0.14 and a two-hundred day simple moving average of $0.14. The stock has a market cap of $1.72 million, a price-to-earnings ratio of -0.01 and a beta of 1.24. Cumulus Media has a 52 week low of $0.10 and a 52 week high of $1.00.

About Cumulus Media

(Get Free Report)

Cumulus Media Inc, an audio-first media company, owns and operates radio stations in the United States. It owns and operates stations in various markets, as well as affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, AP News, the Academy of Country Music Awards, and other partners.

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