Salem Media Group (NASDAQ:SALM) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Salem Media Group, Inc. (NASDAQ:SALMGet Free Report)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.37 and traded as high as $0.69. Salem Media Group shares last traded at $0.67, with a volume of 20,172 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Salem Media Group in a research note on Saturday. They set a “hold” rating on the stock.

Get Our Latest Analysis on SALM

Salem Media Group Trading Down 1.8 %

The company has a market cap of $18.30 million, a PE ratio of -1.98 and a beta of 0.32. The business has a 50 day simple moving average of $0.59 and a two-hundred day simple moving average of $0.37.

About Salem Media Group

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Salem Media Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salem Media Group and related companies with MarketBeat.com's FREE daily email newsletter.