At the end of the latest market close, Salem Media Group, Inc. (SALM) was valued at $1.13. In that particular session, Stock kicked-off at the price of $1.23 while reaching the peak value of $1.26 and lowest value recorded on the day was $1.09. The stock current value is $1.13.
Salem Media Group, Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.62 on 06/17/20, with the lowest value was $0.65 for the same time period, recorded on 03/18/20.
Salem Media Group, Inc. (SALM) full year performance was -52.72%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Salem Media Group, Inc. shares are logging -56.87% during the 52-week period from high price, and 73.85% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.65 and $2.62.
The company’s shares, operating in the sector of communication services managed to top a trading volume set approximately around 551863 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Salem Media Group, Inc. (SALM) recorded performance in the market was -21.53%, having the revenues showcasing 31.38% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 31.45M, as it employees total of 1133 workers.
Specialists analysis on Salem Media Group, Inc. (SALM)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.0291, with a change in the price was noted -0.2400. In a similar fashion, Salem Media Group, Inc. posted a movement of -17.52% for the period of last 100 days, recording 287,707 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity. The total Debt to Equity ratio for SALM is recording 1.70 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.59.
Trends and Technical analysis: Salem Media Group, Inc. (SALM)
Raw Stochastic average of Salem Media Group, Inc. in the period of last 50 days is set at 22.79%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 15.58%. In the last 20 days, the company’s Stochastic %K was 16.12% and its Stochastic %D was recorded 17.05%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -21.53%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -22.07%, alongside a downfall of -52.72% for the period of the last 12 months. The shares increased approximately by 2.44% in the 7-day charts and went down by -11.02% in the period of the last 30 days. Common stock shares were driven by 31.38% during last recorded quarter.