In a report released yesterday, Michael Kupinski from Noble Financial reiterated a rating on Salem Communications Corp (NASDAQ: SALM). The company’s shares closed yesterday at $6.85.
Salem Communications Corp has an analyst consensus of Moderate Buy.
The company has a one year high of $8.25 and a one year low of $5. Currently, Salem Communications Corp has an average volume of 43.65K.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock.
Salem Media Group, Inc. engages in the provision of media specializing in Christian and conservative content. Its media properties comprises of radio broadcasting, digital media and book, magazine, and newsletter publishing. The Broadcast segment owns and operates radio stations in large metropolitan markets.