Cumulus Media Inc. (CMLS) is Trading Higher on Unusual Volume for December 21

Equities Staff |

Cumulus Media Inc. (CMLS) experienced unusually high volume on Dec. 21, as the stock gained 5.36% to a closing price of $0.35. The stock saw 10.49 million shares trade hands over the course of the day on 7,518 trades. Given that the stock’s average daily volume over the last month has been 2.72 million shares a day, this represents a pretty substantial spike over the norm.

Cumulus Media Inc. has a P/B ratio of 4.4. The stock has traded between $4.51 and $0.18 over the last 52-weeks, its 50-day SMA is now $0.43, and its 200-day SMA $1.55.

Cumulus Media Inc is a radio broadcasting company. It owns and operates commercial radio station clusters throughout the United States.

Headquartered in Atlanta, GA, Cumulus Media Inc. has 6,132 employees and is currently under the leadership of CEO Mary G. Berner.

For a complete fundamental analysis analysis of Cumulus Media Inc., check out’s Stock Valuation Analysis report for CMLS. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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