Emmis Communications (OTCMKTS:EMMS) Trading Down 3.1% – Should You Sell?

Emmis Communications Co. (OTCMKTS:EMMS) traded down 3.1% during mid-day trading on Tuesday . The stock traded as low as $1.55 and last traded at $1.55. Approximately 1,929 shares traded hands during trading, an increase of 44% from the average session volume of 1,338 shares. The stock had previously closed at $1.60.

Emmis Communications Stock Down 3.1%

The company has a debt-to-equity ratio of 0.57, a quick ratio of 3.17 and a current ratio of 3.17. The firm has a fifty day moving average price of $1.58 and a 200 day moving average price of $1.63. The firm has a market capitalization of $20.62 million, a price-to-earnings ratio of 0.33 and a beta of 1.01.

Emmis Communications Company Profile

Emmis Communications Corporation, a diversified media company, engages in radio broadcasting activities in the United States. The company operates through two segments, Radio and Publishing. It operates 4 FM and 2 AM radio stations in New York and Indianapolis, as well as publishes Indianapolis Monthly magazine. The company also offers dynamic pricing consulting services; and sound masking solutions for offices and other commercial applications. Emmis Communications Corporation was founded in 1980 and is headquartered in Indianapolis, Indiana.