Beasley Broadcast Group (BBGI) Cut to Hold at BidaskClub
Beasley Broadcast Group (NASDAQ:BBGI) was downgraded by BidaskClub from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.
Beasley Broadcast Group (BBGI) opened at $11.65 on Friday. The firm has a market cap of $335.36, a P/E ratio of 5.30 and a beta of 0.77. The company has a quick ratio of 3.18, a current ratio of 3.18 and a debt-to-equity ratio of 0.95. Beasley Broadcast Group has a 1 year low of $6.90 and a 1 year high of $18.19.
Beasley Broadcast Group (NASDAQ:BBGI) last released its earnings results on Monday, October 30th. The company reported $0.22 earnings per share for the quarter. Beasley Broadcast Group had a net margin of 25.94% and a return on equity of 12.35%.
About Beasley Broadcast Group
Beasley Broadcast Group, Inc is a radio broadcasting company. The Company’s primary business is operating radio stations throughout the United States. As of December 31, 2016, the Company owned and operated 63 radio stations in various radio markets, Atlanta and Augusta in Georgia; Boston, Massachusetts; Charlotte, North Carolina; Detroit, Michigan; Fayetteville, North Carolina; Fort Myers-Naples, Florida; Las Vegas, Nevada; Middlesex, New Jersey; Monmouth, New Jersey; Morristown, New Jersey; Philadelphia, Pennsylvania; Tampa-Saint Petersburg, Florida; West Palm Beach-Boca Raton, Florida, and Wilmington, Delaware.
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