The stock has a 36-month beta value of 0.21.
The public float for MDIA is 3.14M, and at present, short sellers hold a 0.14% of that float. On April 08, 2024, the average trading volume of MDIA was 592.82K shares.
MDIA) stock’s latest price update
MediaCo Holding Inc (NASDAQ: MDIA)’s stock price has surge by 177.14relation to previous closing price of 1.40. Nevertheless, the company has seen a 634.68% surge in its stock price over the last five trading sessions. 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
MediaCo Holding Inc (MDIA) has seen a 634.68% rise in stock performance for the week, with a 676.00% gain in the past month and a 516.85% surge in the past quarter. The volatility ratio for the week is 83.33%, and the volatility levels for the past 30 days are at 28.48% for MDIA. The simple moving average for the past 20 days is 533.01% for MDIA’s stock, with a 432.45% simple moving average for the past 200 days.
MDIA Trading at 589.77% 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 able to rebound, for now settling with 120.12% of gains for the given period.
Volatility was left at 28.48%, however, over the last 30 days, the volatility rate increased by 83.33%, as shares surge +670.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +514.90% upper at present.
During the last 5 trading sessions, MDIA rose by +634.71%, which changed the moving average for the period of 200-days by +183.21% in comparison to the 20-day moving average, which settled at $0.78. In addition, MediaCo Holding Inc saw 803.38% 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:
- -0.19 for the present operating margin
- -0.01 for the gross margin
The net margin for MediaCo Holding Inc stands at -0.23. The total capital return value is set at -0.07.
Based on MediaCo Holding Inc (MDIA), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at -0.14. The debt to equity ratio resting at 0.98. The interest coverage ratio of the stock is -14.72.
Currently, EBITDA for the company is -5.69 million with net debt to EBITDA at -8.03. When we switch over and look at the enterprise to sales, we see a ratio of 4.57. The receivables turnover for the company is 4.85for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
To sum up, MediaCo Holding Inc (MDIA) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
