Beasley Broadcast Group (NASDAQ:BBGI) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Beasley Broadcast Group (NASDAQ:BBGI) in a report published on Sunday. The brokerage issued a hold rating on the stock.

Beasley Broadcast Group Trading Down 0.5 %

Shares of BBGI stock opened at $0.66 on Friday. The stock’s fifty day moving average price is $0.74 and its two-hundred day moving average price is $0.80. The company has a market cap of $19.87 million, a PE ratio of -0.27 and a beta of 1.03. Beasley Broadcast Group has a fifty-two week low of $0.60 and a fifty-two week high of $1.28. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.92 and a current ratio of 1.92.

Institutional Investors Weigh In On Beasley Broadcast Group

An institutional investor recently bought a new position in Beasley Broadcast Group stock. Mount Yale Investment Advisors LLC bought a new stake in Beasley Broadcast Group, Inc. (NASDAQ:BBGI) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 44,000 shares of the company’s stock, valued at approximately $34,000. Mount Yale Investment Advisors LLC owned approximately 0.15% of Beasley Broadcast Group as of its most recent filing with the SEC. 21.73% of the stock is currently owned by institutional investors and hedge funds.

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.