MediaCo (NASDAQ:MDIA) Announces Earnings Results

MediaCo (NASDAQ:MDIA) issued its quarterly earnings data on Tuesday. The company reported ($0.09) EPS for the quarter, Zacks reports.

MediaCo Stock Down 3.4 %

Shares of MDIA traded down $0.04 during mid-day trading on Tuesday, reaching $1.12. 10,005 shares of the stock traded hands, compared to its average volume of 147,793. The stock has a fifty day simple moving average of $1.15 and a 200 day simple moving average of $1.21. MediaCo has a 12-month low of $0.92 and a 12-month high of $5.73. The firm has a market cap of $52.27 million, a price-to-earnings ratio of -0.61 and a beta of -0.46.

MediaCo Company Profile

MediaCo Holding Inc owns and operates radio stations in the United States. The company engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. It also offers digital advertising, and events, which includes sponsorships, ticket sales, licensing, and syndication services.