Townsquare Media Inc (TSQ) is Trading Higher on Unusual Volume for February 01

Equities Staff |

Townsquare Media Inc (TSQ) experienced unusually high volume on Feb. 01, as the stock gained 13.62% to a closing price of $10.68. The stock saw 152,742 shares trade hands over the course of the day on 887 trades. Given that the stock’s average daily volume over the last month has been 41,513 shares a day, this represents a pretty substantial spike over the norm.

Townsquare Media Inc has a P/B ratio of 0.53. The stock has traded between $14.35 and $8.60 over the last 52-weeks, its 50-day SMA is now $10.74, and its 200-day SMA $11.80.

Townsquare Media Inc is an integrated & diversified media, entertainment & digital marketing services company. It owns and operates radio stations, digital and social properties and live events in small and mid-sized markets across the United States.

Headquartered in Greenwich, CT, Townsquare Media Inc has 2,726 employees and is currently under the leadership of CEO Steven Price.

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

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

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

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