Shares of MediaCo Holding Inc. (NASDAQ:MDIA - Get Free Report) rose 1.6% on Wednesday . The company traded as high as $1.35 and last traded at $1.30. Approximately 22,221 shares were traded during trading, a decline of 98% from the average daily volume of 1,214,146 shares. The stock had previously closed at $1.28.
MediaCo Trading Down 1.5 %
The business has a 50 day moving average of $1.31 and a two-hundred day moving average of $2.32. The firm has a market cap of $59.74 million, a P/E ratio of -0.71 and a beta of -0.03.
MediaCo (NASDAQ:MDIA - Get Free Report) last issued its quarterly earnings data on Wednesday, September 18th. The company reported ($0.75) earnings per share for the quarter. The firm had revenue of $26.20 million for the quarter.
Institutional Investors Weigh In On MediaCo
A number of institutional investors have recently made changes to their positions in the company. XTX Topco Ltd bought a new position in MediaCo during the 2nd quarter worth $53,000. Jane Street Group LLC bought a new stake in MediaCo during the third quarter worth about $67,000. Finally, Exchange Traded Concepts LLC bought a new position in MediaCo in the 3rd quarter valued at about $228,000. Institutional investors own 64.01% of the company's stock.
About MediaCo
(
Get Free Report)
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.
Further Reading
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