Salem Media Group Inc. (SALM) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Salem Media Group Inc. (SALM) experienced unusually high volume on Dec. 21, as the stock lost 2.71% to a closing price of $4.66. The stock saw 70,467 shares trade hands over the course of the day on 209 trades. Given that the stock’s average daily volume over the last month has been 18,375 shares a day, this represents a pretty substantial spike over the norm.

Salem Media Group Inc. has a P/B ratio of 0.58. It also has a P/E ratio of 20.3. The stock has traded between $8.00 and $4.38 over the last 52-weeks, its 50-day SMA is now $5.82, and its 200-day SMA $5.71.

Salem Media Group Inc is a domestic multi-media company with integrated operations consisting of radio broadcasting, digital media, and publishing.

Headquartered in Camarillo, CA, Salem Media Group Inc. has 1,605 employees and is currently under the leadership of CEO Edward G. Atsinger.

For a complete fundamental analysis analysis of Salem Media Group Inc., check out’s Stock Valuation Analysis report for SALM. 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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