Salem Media Group, Inc. (NASDAQ:SALM – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-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 Ratings Changes
Separately, StockNews.com initiated coverage on shares of Salem Media Group in a research report on Saturday. They set a “hold” rating for the company.
Check Out Our Latest Stock Analysis on SALM
Salem Media Group Trading Down 1.8 %
About Salem Media Group
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.
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