Beasley Broadcast Group's stock (BBGI, Financial) surged by 6.15%, reaching $11.43 per share with a trading volume of 4034 shares and a turnover rate of 0.26%. The stock's price volatility was recorded at 1.39%.
Recent financial reports reveal that Beasley Broadcast Group achieved a revenue of $60.44 million, with a net profit of -$276,021. The earnings per share (EPS) stood at -$0.18, and a gross profit of $9.25 million, leading to a price-to-earnings (P/E) ratio of -0.27.
At present, there are no institutional ratings suggesting 'buy', 'hold', or 'sell' for BBGI. Despite the broadcasting media industry experiencing an overall decline of 0.53%, Beasley Broadcast Group and Gray Television showed notable stock increases. Other active stocks in the sector include FuboTV Inc. and Nexstar Media Group, Inc., with turnover rates of 1.47% and 0.60%, respectively. Stocks with significant price fluctuations include Gray Television-A (12.93%), Iheartmedia, Inc. (12.16%), and Mediaco Holding Inc. (10.86%).
Beasley Broadcast Group operates as a multi-platform media company, primarily running radio stations across the United States. The company offers integrated marketing solutions combining audio, digital, and event platforms for local and national advertisers. The company's radio stations are located in markets such as Atlanta, Augusta, Boston, Charlotte, Detroit, Fayetteville, Fort Myers-Naples, Las Vegas, Middlesex, Monmouth, Morristown, Philadelphia, Tampa-St. Petersburg, and Wilmington. Beasley Broadcast Group operates in three business segments: audio, digital, and e-sports.
