MediaCo (NASDAQ:MDIA) Announces Quarterly Earnings Results

MediaCo (NASDAQ:MDIA) released its earnings results on Tuesday. The company reported ($0.09) earnings per share for the quarter, Zacks reports.

MediaCo Stock Down 3.4 %

Shares of MDIA traded down $0.04 during mid-day trading on Tuesday, hitting $1.12. The company had a trading volume of 10,005 shares, compared to its average volume of 147,793. MediaCo has a 1-year low of $0.92 and a 1-year high of $5.73. The business’s 50-day simple moving average is $1.15 and its 200-day simple moving average is $1.21. The stock has a market cap of $52.27 million, a PE ratio of -0.61 and a beta of -0.46.

MediaCo Company Profile

MediaCo Holding Inc owns and operates radio stations in the United States. The company engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. It also offers digital advertising, and events, which includes sponsorships, ticket sales, licensing, and syndication services.