Beasley Broadcast Group (NASDAQ:BBGI) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Saturday.
Shares of Beasley Broadcast Group (BBGI) traded up $0.30 during trading on Friday, hitting $11.65. 11,849 shares of the stock were exchanged, compared to its average volume of 13,309. Beasley Broadcast Group has a 12 month low of $6.90 and a 12 month high of $18.19. The company has a debt-to-equity ratio of 0.95, a quick ratio of 3.18 and a current ratio of 3.18. The company has a market cap of $326.72, a P/E ratio of 5.30 and a beta of 0.77.
Beasley Broadcast Group (NASDAQ:BBGI) last issued its quarterly earnings data on Monday, October 30th. The company reported $0.22 EPS for the quarter. Beasley Broadcast Group had a net margin of 25.94% and a return on equity of 12.35%.
COPYRIGHT VIOLATION WARNING: This article was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this article can be viewed at https://www.americanbankingnews.com/2018/01/20/beasley-broadcast-group-bbgi-stock-rating-lowered-by-bidaskclub.html.
Beasley Broadcast Group Company Profile
Beasley Broadcast Group, Inc is a radio broadcasting company. The Company’s primary business is operating radio stations throughout the United States. As of December 31, 2016, the Company owned and operated 63 radio stations in various radio markets, Atlanta and Augusta in Georgia; Boston, Massachusetts; Charlotte, North Carolina; Detroit, Michigan; Fayetteville, North Carolina; Fort Myers-Naples, Florida; Las Vegas, Nevada; Middlesex, New Jersey; Monmouth, New Jersey; Morristown, New Jersey; Philadelphia, Pennsylvania; Tampa-Saint Petersburg, Florida; West Palm Beach-Boca Raton, Florida, and Wilmington, Delaware.
Receive News & Ratings for Beasley Broadcast Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beasley Broadcast Group and related companies with MarketBeat.com's FREE daily email newsletter.