Salem Media Group (NASDAQ:SALM – Get Free Report) will likely be issuing its resultson Tuesday, August 11th. Analysts expect the company to post earnings of $0.0150 per share and revenue of $60.50 million for the quarter.
Salem Media Group Price Performance
Shares of Salem Media Group stock traded up $0.00 on Tuesday, reaching $0.97. 18,500 shares of the company were exchanged, compared to its average volume of 79,893. Salem Media Group has a 1-year low of $0.36 and a 1-year high of $0.99. The company has a market cap of $30.69 million, a P/E ratio of -2.85 and a beta of -0.05. The stock’s 50 day moving average price is $0.96 and its 200-day moving average price is $0.65.
About Salem Media Group
Salem Media Group is a U.S.-based media company that specializes in producing and distributing Christian and conservative content. The company operates a network of AM and FM radio stations, digital platforms, publishing divisions and live events designed to engage audiences seeking faith-based and culturally conservative perspectives. Salem’s content portfolio includes talk shows, sermon broadcasts, music programming and news segments that reflect its mission to inspire and inform listeners and readers across multiple channels.
In its radio division, Salem Media Group owns and programs more than 100 stations in leading U.S.
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