Free Trial

MediaCo (NASDAQ:MDIA) Trading 0.9% Higher - What's Next?

MediaCo logo with Communication Services background

Key Points

  • MediaCo Holding Inc. shares increased by 0.9% to $1.33, despite trading volume dropping by 32% compared to the average session.
  • The company reported a loss of ($0.12) earnings per share and revenue of $28.03 million in its last quarterly earnings release.
  • MediaCo operates radio stations in the United States, including WQHT-FM and WBLS-FM in the New York City area, and also engages in digital advertising and event management.
  • Need better tools to track MediaCo? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

MediaCo Holding Inc. (NASDAQ:MDIA - Get Free Report) traded up 0.9% during trading on Friday . The company traded as high as $1.40 and last traded at $1.33. 120,150 shares were traded during trading, a decline of 32% from the average session volume of 177,366 shares. The stock had previously closed at $1.32.

MediaCo Trading Up 6.9%

The firm has a market cap of $74.62 million, a price-to-earnings ratio of -4.63 and a beta of -0.36. The stock has a fifty day moving average price of $1.18 and a 200 day moving average price of $1.13.

MediaCo (NASDAQ:MDIA - Get Free Report) last announced its quarterly earnings data on Tuesday, May 20th. The company reported ($0.12) EPS for the quarter. The firm had revenue of $28.03 million for the quarter.

About MediaCo

(Get Free Report)

MediaCo Holding Inc owns and operates radio stations in the United States. The company engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. It also offers digital advertising, and events, which includes sponsorships, ticket sales, licensing, and syndication services.

Read More

Should You Invest $1,000 in MediaCo Right Now?

Before you consider MediaCo, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MediaCo wasn't on the list.

While MediaCo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Follow the Money: 5 Stocks Institutions Are Buying NOW
Palantir’s Soaring Valuation—Justified or Overhyped?
3 Stocks With Explosive Upside

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines