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

StockNews.com began coverage on shares of Salem Media Group (NASDAQ:SALM) in a report published on Tuesday. The brokerage issued a hold rating on the stock.

Salem Media Group Price Performance

Shares of SALM opened at $1.02 on Tuesday. The company has a 50-day moving average of $0.91 and a two-hundred day moving average of $0.62. The stock has a market cap of $27.63 million, a price-to-earnings ratio of -2.99 and a beta of -0.15. Salem Media Group has a one year low of $0.15 and a one year high of $2.09.

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.