The closing price of MediaCo Holding Inc (NASDAQ: MDIA) was $4.29 for the day, up 42.05% from the previous closing price of $3.02. In other words, the price has increased by $+1.2700 from its previous closing price. On the day, 71829630 shares were traded.
Ratios:
Our analysis of MDIA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 1.15.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 14 ’23 when EMMIS CORP sold 12,913 shares for $1.39 per share. The transaction valued at 17,949 led to the insider holds 362,099 shares of the business.
EMMIS CORP sold 33,258 shares of MDIA for $49,887 on Jun 13 ’23. The Director now owns 375,012 shares after completing the transaction at $1.50 per share. On Jun 12 ’23, another insider, EMMIS CORP, who serves as the Director of the company, sold 1,026 shares for $1.27 each. As a result, the insider received 1,303 and left with 408,270 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MDIA now has a Market Capitalization of 78.54M and an Enterprise Value of 125.72M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.49 while its Price-to-Book (P/B) ratio in mrq is 3.00. Its current Enterprise Value per Revenue stands at 3.88 whereas that against EBITDA is -20.55.
Stock Price History:
Over the past 52 weeks, MDIA has reached a high of $6.86, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is 0.6736, while the 200-Day Moving Average is calculated to be 0.7200.
Shares Statistics:
MDIA traded an average of 2.59M shares per day over the past three months and 15.71M shares per day over the past ten days. A total of 20.74M shares are outstanding, with a floating share count of 3.14M. Insiders hold about 88.11% of the company’s shares, while institutions hold 1.84% stake in the company. Shares short for MDIA as of Mar 15, 2024 were 4.25k with a Short Ratio of 0.00, compared to 11.28k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.02% and a Short% of Float of 0.13%.
