Salem Communications Corp. Hits New 1-Year Low at $5.04 (SALM)
Salem Communications Corp. (NASDAQ:SALM) shares reached a new 52-week low on Friday , AnalystRatings.NET reports. The company traded as low as $5.04 and last traded at $8.17, with a volume of 59,863 shares traded. The stock had previously closed at $8.63.
The stock has a 50-day moving average of $9.23 and a 200-day moving average of $9.01. The company has a market cap of $206.7 million and a P/E ratio of 13.44.
Salem Communications Corporation (NASDAQ:SALM) is a domestic multi-media company with integrated business operations covering radio broadcasting, publishing and the Internet.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.