Salem Media Group, Inc. (NASDAQ:SALM – Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.55 and traded as high as $0.9698. Salem Media Group shares last traded at $0.9698, with a volume of 166,212 shares trading hands.
Salem Media Group Price Performance
The stock has a market cap of $30.73 million, a price-to-earnings ratio of -2.85 and a beta of -0.03. The company’s 50 day moving average is $0.74 and its 200 day moving average is $0.55.
Salem Media Group Company Profile
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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