The 36-month beta value for MDIA is also noteworthy at 0.55.
The public float for MDIA is 3.14M, and at present, short sellers hold a 0.14% of that float. The average trading volume of MDIA on April 01, 2024 was 64.19K shares.
MDIA) stock’s latest price update
The stock price of MediaCo Holding Inc (NASDAQ: MDIA) has jumped by 53.37 compared to previous close of 0.53. Despite this, the company has seen a gain of 92.86% in its stock price over the last five trading days. InvestorPlace reported 2024-04-01 that MediaCo (NASDAQ: MDIA ) stock is rising higher on Monday alongside heavy trading of the U.S. radio station company’s shares. As of this writing, more than 8.4 million shares of MDIA stock have changed hands.
MDIA’s Market Performance
MDIA’s stock has risen by 92.86% in the past week, with a monthly rise of 47.27% and a quarterly rise of 91.99%. The volatility ratio for the week is 22.04% while the volatility levels for the last 30 days are 10.54% for MediaCo Holding Inc The simple moving average for the last 20 days is 63.64% for MDIA’s stock, with a simple moving average of 10.84% for the last 200 days.
MDIA Trading at 55.35% from the 50-Day Moving Average
After a stumble in the market that brought MDIA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.05% of loss for the given period.
Volatility was left at 10.54%, however, over the last 30 days, the volatility rate increased by 22.04%, as shares surge +52.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +45.67% upper at present.
During the last 5 trading sessions, MDIA rose by +88.95%, which changed the moving average for the period of 200-days by -34.95% in comparison to the 20-day moving average, which settled at $0.5087. In addition, MediaCo Holding Inc saw 88.59% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MDIA starting from EMMIS CORP, who sale 12,913 shares at the price of $1.39 back on Jun 14 ’23. After this action, EMMIS CORP now owns 362,099 shares of MediaCo Holding Inc, valued at $17,949 using the latest closing price.
EMMIS CORP, the Director of MediaCo Holding Inc, sale 33,258 shares at $1.50 during a trade that took place back on Jun 13 ’23, which means that EMMIS CORP is holding 375,012 shares at $49,887 based on the most recent closing price.
Stock Fundamentals for MDIA
Current profitability levels for the company are sitting at:
- -0.16 for the present operating margin
- -0.23 for the gross margin
The net margin for MediaCo Holding Inc stands at -0.19. The total capital return value is set at -0.04.
Based on MediaCo Holding Inc (MDIA), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at -0.28. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is 4.42.
Currently, EBITDA for the company is -0.59 million with net debt to EBITDA at -2.7. When we switch over and look at the enterprise to sales, we see a ratio of 1.42. The receivables turnover for the company is 3.54for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.48.
Conclusion
In summary, MediaCo Holding Inc (MDIA) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
