Beasley Broadcast Group (NASDAQ:BBGI) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI) in a research report sent to investors on Wednesday morning. The firm issued a hold rating on the stock.

Beasley Broadcast Group Stock Up 0.5 %

Shares of BBGI stock opened at $8.06 on Wednesday. The firm has a 50-day moving average of $8.80. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.60 and a quick ratio of 1.60. The firm has a market cap of $12.41 million, a PE ratio of 4.83 and a beta of 0.85. Beasley Broadcast Group has a 52-week low of $7.60 and a 52-week high of $18.80.

Beasley Broadcast Group (NASDAQ:BBGI) last released its earnings results on Tuesday, November 5th. The company reported ($2.33) earnings per share (EPS) for the quarter. Beasley Broadcast Group had a net margin of 1.07% and a negative return on equity of 5.12%. The company had revenue of $58.19 million during the quarter, compared to analyst estimates of $61.10 million. During the same period in the previous year, the firm posted $1.80 EPS.

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.