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

StockNews.com started coverage on shares of Salem Media Group (NASDAQ:SALM) in a research note issued to investors on Wednesday. The firm issued a hold rating on the stock.

Salem Media Group Price Performance

Shares of SALM opened at $0.52 on Wednesday. The company has a market cap of $14.15 million, a PE ratio of -1.53 and a beta of 0.28. The firm has a 50-day moving average of $0.66 and a 200-day moving average of $0.42. Salem Media Group has a one year low of $0.15 and a one year high of $0.92.

About Salem Media Group

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.