The 54 rating InvestorsObserver gives to Salem Media Group Inc (SALM) stock puts it near the top of the Broadcasting industry. In addition to scoring higher than 79 percent of stocks in the Broadcasting industry, SALM’s 54 overall rating means the stock scores better than 54 percent of all stocks.
What do These Ratings Mean?
Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 54 means the stock is more attractive than 54 percent of stocks.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.
What's Happening With Salem Media Group Inc Stock Today?
Salem Media Group Inc (SALM) stock is trading at $3.32 as of 3:06 PM on Wednesday, Feb 24, an increase of $0.82, or 32.8% from the previous closing price of $2.50. The stock has traded between $2.49 and $3.49 so far today. Volume today is more active than usual. So far 3,724,889 shares have traded compared to average volume of 1,187,135 shares.
Click Here to get the full Stock Score Report on Salem Media Group Inc (SALM) Stock.
