Townsquare Media Inc. Class A (TSQ) Soars 1.29% on August 24

Equities Staff  |

Townsquare Media Inc. Class A (TSQ) had a good day on the market for Monday August 24 as shares jumped 1.29% to close at $4.71. About 29,806 shares traded hands on 167 trades for the day, compared with an average daily volume of n/a shares out of a total float of 18.98 million. After opening the trading day at $4.72, shares of Townsquare Media Inc. Class A stayed within a range of $4.80 to $4.61.

With today's gains, Townsquare Media Inc. Class A now has a market cap of $89.39 million. Shares of Townsquare Media Inc. Class A have been trading within a range of $10.35 and $3.54 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Townsquare Media Inc is a radio, digital media, entertainment, and digital marketing solutions company principally focused on being the premier local advertising and marketing solutions platform in small and mid-sized markets across the United States. It has three segments. Advertising segment, which is the key revenue driver, includes broadcast and digital advertising products and solutions; Townsquare Interactive segment includes its digital marketing solutions business; and Live Events segment includes concerts, expositions, and other experiential events.

Townsquare Media Inc. Class A is based out of New York, NY and has some 2,836 employees. Its CEO is Bill Wilson.

For a complete fundamental analysis of Townsquare Media Inc. Class A, check out Equities.com’s Stock Valuation Analysis report for TSQ.

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Townsquare Media Inc. Class A is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Townsquare Media Inc. Class A and to follow the company’s latest updates, you can visit the company’s profile page here: TSQ’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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



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