The stock of MediaCo Holding Inc (MDIA) has seen a -21.38% decrease in the past week, with a 347.62% gain in the past month, and a 293.10% flourish in the past quarter. The volatility ratio for the week is 20.80%, and the volatility levels for the past 30 days are at 39.56% for MDIA. The simple moving average for the past 20 days is 13.90% for MDIA’s stock, with a 175.18% simple moving average for the past 200 days.
Is It Worth Investing in MediaCo Holding Inc (NASDAQ: MDIA) Right Now?
MDIA has 36-month beta value of -0.96.
The public float for MDIA is 3.08M, and currently, short sellers hold a 0.07% ratio of that float. The average trading volume of MDIA on April 22, 2024 was 4.07M shares.
MDIA) stock’s latest price update
The stock price of MediaCo Holding Inc (NASDAQ: MDIA) has dropped by -16.18 compared to previous close of 2.72. Despite this, the company has seen a fall of -21.38% in its stock price over the last five trading days. InvestorPlace reported 2024-04-20 that Buying stocks up over 200% in 2024 is a tricky proposition. On one hand, you don’t want to fight momentum.
MDIA Trading at 105.74% 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 -66.76% of loss for the given period.
Volatility was left at 39.56%, however, over the last 30 days, the volatility rate increased by 20.80%, as shares surge +383.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +391.49% upper at present.
During the last 5 trading sessions, MDIA fell by -21.38%, which changed the moving average for the period of 200-days by +119.23% in comparison to the 20-day moving average, which settled at $2.09. In addition, MediaCo Holding Inc saw 430.85% 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 3.25. 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 put it simply, MediaCo Holding Inc (MDIA) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
