Equities research analysts at StockNews.com assumed coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) in a report issued on Wednesday. The brokerage set a “hold” rating on the stock.
Beasley Broadcast Group Stock Performance
Shares of BBGI opened at $0.70 on Wednesday. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 1.77. The stock has a market capitalization of $21.18 million, a P/E ratio of -0.28 and a beta of 1.00. The firm’s fifty day simple moving average is $0.80 and its two-hundred day simple moving average is $0.81. Beasley Broadcast Group has a 12 month low of $0.60 and a 12 month high of $1.28.
Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last released its quarterly earnings data on Monday, February 12th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.06). Beasley Broadcast Group had a negative return on equity of 3.99% and a negative net margin of 30.40%. The company had revenue of $65.75 million for the quarter, compared to the consensus estimate of $66.05 million. As a group, analysts predict that Beasley Broadcast Group will post -0.08 EPS for the current year.
Institutional Investors Weigh In On Beasley Broadcast Group
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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