Salem Media Group (NASDAQ:SALM – Get Free Report) is expected to be posting its resultson Tuesday, May 12th. Analysts expect Salem Media Group to post earnings of ($0.1050) per share and revenue of $61.60 million for the quarter.
Salem Media Group Stock Performance
Shares of NASDAQ:SALM remained flat at $0.40 during trading on Tuesday. The stock had a trading volume of 6,587 shares, compared to its average volume of 28,029. The stock has a fifty day moving average of $0.46 and a two-hundred day moving average of $0.50. The company has a market cap of $12.83 million, a PE ratio of -1.19 and a beta of -0.44. Salem Media Group has a 12-month low of $0.36 and a 12-month high of $1.54.
About Salem Media Group
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.
Further Reading
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