MediaCo Holding Inc. (NASDAQ:MDIA - Get Free Report)'s stock price traded down 6.7% during trading on Monday . The company traded as low as $1.09 and last traded at $1.11. 15,616 shares were traded during mid-day trading, a decline of 97% from the average session volume of 531,198 shares. The stock had previously closed at $1.19.
MediaCo Stock Up 15.8 %
The company's fifty day moving average price is $1.15 and its two-hundred day moving average price is $1.21. The company has a market cap of $54.14 million, a price-to-earnings ratio of -0.64 and a beta of -0.46.
Hedge Funds Weigh In On MediaCo
An institutional investor recently bought a new position in MediaCo stock. Jane Street Group LLC purchased a new stake in MediaCo Holding Inc. (NASDAQ:MDIA - Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 52,279 shares of the company's stock, valued at approximately $67,000. Jane Street Group LLC owned about 0.11% of MediaCo as of its most recent SEC filing. Hedge funds and other institutional investors own 64.01% of the company's stock.
MediaCo Company Profile
(
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
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
