MediaCo Holding Inc (NASDAQ:MDIA) traded at $3.02 at close of the session on Monday, April 08, made a downward move of -22.16% on its previous day’s price.
Looking at the stock we see that its previous close was $3.88 . In terms of its 52-week price range, MDIA has a high of $6.86 and a low of $0.40. The company’s stock has gained about 499.68% over that past 30 days.
MediaCo Holding Inc has a market cap of $79.61 million.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the MDIA stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note the current price level is 286.30% off its SMA20 and 381.29% from its 50-day simple moving average. The RSI (14) is pointing at 75.35 while the volatility over the past week is 81.33% and jumps to 29.12% over the past one month. The beta value is -0.29, while the average true range (ATR) is currently pointing at 0.61.
Coming back to MediaCo Holding Inc (NASDAQ:MDIA), we note that the average 3-month trading volume was 2.54 million, while that of the preceding 10-day period stands at 15.71 million. Current shares outstanding are 20.74 million.
The insiders hold 88.11% of the company’s shares while institutions hold 1.84%. The data shows that short shares as of Mar 15, 2024, stood at 4250.0 at a short ratio of 0.44. This represents a 0.02% short interest in shares outstanding on Mar 15, 2024. Shares short fall in March from the previous month at 11280.0. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 603.14% up in year-to-date price movement.
