Beasley Broadcast Group, Inc. (NASDAQ:BBGI – Get Free Report) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 29,100 shares, an increase of 31.7% from the December 15th total of 22,100 shares. Currently, 4.2% of the company’s stock are short sold. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is presently 4.4 days.
Beasley Broadcast Group Stock Performance
Shares of Beasley Broadcast Group stock traded down $0.25 during midday trading on Thursday, hitting $8.72. The company had a trading volume of 19,884 shares, compared to its average volume of 5,188. Beasley Broadcast Group has a 52-week low of $7.60 and a 52-week high of $19.00. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.82. The firm has a market cap of $13.42 million, a PE ratio of 5.22 and a beta of 0.85. The firm has a 50 day moving average price of $8.79.
Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last released its earnings results on Tuesday, November 5th. The company reported ($2.33) EPS for the quarter. Beasley Broadcast Group had a negative return on equity of 5.12% and a net margin of 1.07%. The company had revenue of $58.19 million during the quarter, compared to the consensus estimate of $61.10 million. During the same period last year, the firm posted $1.80 earnings per share.
Analyst Ratings Changes
Read Our Latest Research Report on BBGI
Beasley Broadcast Group Company Profile
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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