Emmis Communications (OTCMKTS:EMMS) Trading Down 3.1% – Here’s Why

Emmis Communications Co. (OTCMKTS:EMMSGet Free Report) dropped 3.1% during mid-day trading on Tuesday . The stock traded as low as $1.55 and last traded at $1.55. Approximately 1,929 shares changed hands during trading, an increase of 44% from the average daily volume of 1,338 shares. The stock had previously closed at $1.60.

Emmis Communications Stock Performance

The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $20.62 million, a PE ratio of 0.33 and a beta of 1.01. The stock’s fifty day simple moving average is $1.58 and its 200 day simple moving average is $1.63.

About Emmis Communications

(Get Free Report)

Emmis Communications Corporation, a diversified media company, engages in radio broadcasting activities in the United States. The company operates through two segments, Radio and Publishing. It operates 4 FM and 2 AM radio stations in New York and Indianapolis, as well as publishes Indianapolis Monthly magazine. The company also offers dynamic pricing consulting services; and sound masking solutions for offices and other commercial applications. Emmis Communications Corporation was founded in 1980 and is headquartered in Indianapolis, Indiana.

Further Reading

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