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

by · The Markets Daily

StockNews.com started coverage on shares of Salem Media Group (NASDAQ:SALM – Free Report) in a report published on Friday. The firm issued a hold rating on the stock.

Salem Media Group Stock Performance

Shares of SALM stock opened at $0.20 on Friday. The stock’s 50-day moving average is $0.23 and its two-hundred day moving average is $0.25. Salem Media Group has a 1 year low of $0.15 and a 1 year high of $0.65. The firm has a market cap of $5.31 million, a price-to-earnings ratio of -0.57 and a beta of 0.71.

About Salem Media Group

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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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