There is no way MediaCo Holding Inc (MDIA) can keep these numbers up

With 0.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.16 million shares. During the session, the Broadcasting company that operates in wider Communication Services sector, reached to the highest price of $1.17 whereas the lowest price it dropped to was $1.04. The 52-week range on MDIA shows that it touched its highest point at $6.86 and its lowest point at $0.40 during that stretch. Beta for the stock currently stands at 0.02.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MDIA was down-trending over the past week, with a drop of -2.63%, but this was down by -12.60% over a month. The stock gained 89.65% in the past year, while it has lost -2.63% so far this year.

Float and Shares Shorts:

At present, 41.23 million MDIA shares are outstanding with a float of 2.88 million shares on hand for trading. On 2024-10-15, short shares totaled 59177.0, which was 13.0 higher than short shares on 1726185600. In addition to Mr. Kudjo Sogadzi as the firm’s President, Ms. Jacqueline Hernandez serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 0.93587 of MDIA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, MDIA reported revenue of $29859000.0 and operating income of -$6873000.0. The EBITDA in the recently reported quarter was -$5156000.0 and diluted EPS was $0.66.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.