Salem Media Group Inc. (NASDAQ: SALM) established initial surge of 0.39% at $1.28, as the Stock market unbolted on September 14, 2020. During the day, the stock rose to $1.33 and sunk to $1.0701 before settling in for the price of $1.27 at the close. Taking a more long-term approach, SALM posted a 52-week range of $0.65-$2.62.
In the past 5-years timespan, the Communication Services sector firm’s annual sales growth was -1.00%. Meanwhile, its Annual Earning per share during the time was -47.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -761.50%. This publicly-traded company’s shares outstanding now amounts to $26.68 million, simultaneously with a float of $11.12 million. The organization now has a market capitalization sitting at $25.20 million. At the time of writing, stock’s 50-day Moving Average stood at $1.3429, while the 200-day Moving Average is $1.2146.
If we measure the efficiency of the company that is accounted for 1133 employees. It has generated 170,745 per worker during the last fiscal year. Meanwhile, its income per employee was -18,722. The stock had 7.13 Receivables turnover and 0.45 Total Asset turnover. For the Profitability, stocks gross margin was +13.93, operating margin was +7.69 and Pretax Margin of -9.40.
Salem Media Group Inc. (SALM) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Salem Media Group Inc. industry. Salem Media Group Inc.’s current insider ownership accounts for 22.50%, in contrast to 15.00% institutional ownership. According to the most recent insider trade that took place on Aug 11, this organization’s President – New Media sold 5,700 shares at the rate of 1.65, making the entire transaction reach 9,406 in total value, affecting insider ownership by 7,502. Preceding that transaction, on Aug 10, Company’s EVP, General Counsel & Secy sold 10,476 for 1.64, making the whole transaction’s value amount to 17,194. This particular insider is now the holder of 0 in total.
Salem Media Group Inc. (SALM) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 6/29/2020, it has been observed that the corporation posted -$0.09 earnings per share (EPS) during the time that was better the consensus figure (set at -$0.18) by $0.09. This company achieved a net margin of -10.96 while generating a return on equity of -13.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
Salem Media Group Inc.’s EPS decrease for this current 12-month fiscal period is -761.50% and is forecasted to reach -0.03 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.00% through the next 5 years, which can be compared against the -47.60% growth it accomplished over the previous five years trading on the market.
Salem Media Group Inc. (NASDAQ: SALM) Trading Performance Indicators
Let’s observe the current performance indicators for Salem Media Group Inc. (SALM). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 0.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.11. Similarly, its price to free cash flow for trailing twelve months is now 0.85.
In the same vein, SALM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.08, a figure that is expected to reach -0.01 in the next quarter, and analysts are predicting that it will be -0.03 at the market close of one year from today.
Technical Analysis of Salem Media Group Inc. (SALM)
Now, what If we examine the latest scores posted by [Salem Media Group Inc., SALM]. During the last 5-days, its volume was better the volume of 0.74 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 68.17% While, its Average True Range was 0.1507.
Raw Stochastic average of Salem Media Group Inc. (SALM) in the period of the previous 100 days is set at 30.57%, which indicates a major fall in contrast to 86.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 143.05% that was lower than 172.64% volatility it exhibited in the past 100-days period.