Breaking Finance News

ValuEngine upgraded Salem Media Group Inc (NASDAQ:SALM) to Buy in a report released today.

ValuEngine has upgraded Salem Media Group Inc (NASDAQ:SALM) to Buy in a report released on 06/20/2017.

Yesterday Salem Media Group Inc (NASDAQ:SALM) traded 0.79% higher at $7.15. The company’s 50-day moving average is $6.48 and its 200-day moving average is $7.03. The last stock close price is up -9.00% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 44,936 shares of the stock were exchanged, up from an average trading volume of 33,520

See Chart Below

Salem Media Group Inc (NASDAQ:SALM)

Salem Media Group Inc has a 52 week low of $5.00 and a 52 week high of $8.25 with a P/E ratio of 22.15 The company’s market cap is currently $0.

About Salem Media Group Inc (NASDAQ:SALM)

Salem Media Group, Inc., formerly Salem Communications Corporation, is a multi-media company specializing in Christian and Conservative content, with media properties consisting of radio broadcasting, digital media, and book, magazine and newsletter publishing. The Company operates through three segments: Broadcast, Digital Media and Publishing. The Company's broadcasting segment is engaged in the ownership and operation of radio stations in metropolitan markets. The Company's radio stations carry national and local programming content, as well as national and local advertisers. The Company's Digital Media segment focuses on Web-based platform designed for audiences interested in Christian and family-themed content and conservative news. The Company's publishing segment consists of Regnery Publishing, Xulon Press and Salem Publishing. The Company owns and operates approximately 116 radio stations in over 40 markets.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.