Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Signals Intraday Volatility – Down by 10.00%

0
106

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) is at $9.45 seeing a daily low of $9.40 and a high of $10.43. This difference between the high and low classifies the stock as one of the most volatile of the day.

It is among the market’s biggest losers today. Shares are trading at $9.45 significantly below the 50 day moving average of $11.47 and which is much lower than the 200 day moving average of $10.60. The 50 day moving average went down by -17.60% and the 200 day average went down by -10.87%.

Short Interest

Traders are feeling more bearish on shares of Beasley Broadcast Group, Inc. of late as shown by the motion in short interest. The stock recorded a rise in short interest between September 29, 2017 and October 13, 2017 of 3.39%. Short interest grew from 559,398 to 578,340 over that period. Days to cover decreased -4.0 to 35.0 and the short interest percentage is 0.02% as of October 13.

Dividends

Additionally Beasley Broadcast Group, Inc. recently declared a dividend that was paid on Friday October 6th, 2017. The dividend payment was $0.045 per share for the quarter which is $0.18 annualized. This dividend represents a yield of $1.68. The ex-dividend date was set for Thursday the 28th of September 2017.

Earnings Per Share

Beasley Broadcast Group, Inc.’s P/E ratio is 4.57 and the market cap is 272.05M.

Company Information

Beasley Broadcast Group, Inc., launched on November 12, 1999, is a radio broadcasting company. The Business’s primary business is operating radio stations throughout the United States..