Townsquare Media Inc (NYSE:TSQ) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 8, 2016
Boasting a price of $9.70, Townsquare Media Inc (NYSE:TSQ) traded -1.63% lower on the day. With the last stock price close up 3.74% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Townsquare Media Inc has recorded a 50-day average of $9.40 and a two hundred day average of $9.29. Volume of trade was down over the average, with 35,163 shares of TSQ changing hands under the typical 53,908
Zacks Investment Research has downgraded Townsquare Media Inc (NYSE:TSQ) to Sell in a statement released on 10/06/2016.
With a total market value of $0, Townsquare Media Inc has price-earnings ratio of 13.71 with a one year low of $7.30 and a one year high of $12.05 .
Brief Synopsis About Townsquare Media Inc (NYSE:TSQ)
Townsquare Media, Inc. is a media, entertainment and digital marketing solutions company principally focused on small and mid-sized markets across the United States. The Company operates through two segments: Local Advertising and Live Events. The Company's Local Advertising segment offers broadcast, digital and mobile advertising within its local markets. The Company's Live Events segment consists of a range of live events, which the Company creates, promotes and produces, including music concerts, multi-day music festivals, fairs, consumer expositions and trade shows, athletic events, lifestyle events and other forms of entertainment. The Company reports the remainder of its business in its Other Media and Entertainment category, which principally provides digital marketing solutions, e-commerce solutions and digital advertising services nationally. The Company's assets include radio stations, live events, and digital, mobile, video and social media properties.
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