StockNews.com started coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI – Free Report) in a report issued on Sunday. The firm issued a hold rating on the stock.
Beasley Broadcast Group Trading Down 1.1 %
Beasley Broadcast Group stock opened at $0.54 on Friday. The company’s fifty day simple moving average is $0.62 and its 200-day simple moving average is $0.68. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 1.78. Beasley Broadcast Group has a 12 month low of $0.42 and a 12 month high of $1.00. The stock has a market cap of $16.24 million, a P/E ratio of -0.22 and a beta of 1.00.
Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.02. The firm had revenue of $60.44 million during the quarter, compared to analysts’ expectations of $60.80 million. Beasley Broadcast Group had a negative net margin of 25.52% and a negative return on equity of 0.96%. During the same period in the prior year, the company posted ($0.08) earnings per share. As a group, sell-side analysts forecast that Beasley Broadcast Group will post -0.06 EPS for the current fiscal year.
Institutional Inflows and Outflows
About Beasley Broadcast Group
Beasley Broadcast Group, Inc, a multi-platform media company, owns and operates radio stations in the United States. The company offers local and national advertisers integrated marketing solutions across audio, digital, and event platforms. It operates Houston Outlaws, an esports team that competes in the Overwatch League; and an esports team that competes in the Rocket League.
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