Research firm RBC Capital Mkts initiated Outperform rating on Cumulus Media Inc (NASDAQ:CMLS) shares. Cumulus Media Inc (NASDAQ:CMLS) stock opened at $7.07 in last trading session, and closed at $6.74, trading in the range of $6.71 – $7.15. The stock showed a negative weekly performance of -1.32%.
Emmis Communications (NASDAQ:EMMS) Insider Richard F. Cummings sold 87,500 shares of the stock on the open market in a transaction dated Friday, February 14th. The shares were sold at an average price of $3.17, for a total transaction of $277,375.00. Following the sale, the insider now directly owns 160,854 shares in the company, valued at approximately $509,907. Emmis Communications Corporation (NASDAQ:EMMS) shares closed at $3.45 on last trade day, by gaining 9.18%. Stock 52 week range is $1.43 – $3.61. Company’s market capitalization is $143.81 million.
Radio One, Inc. (Radio One), and its subsidiaries are an urban-oriented, multi-media company that primarily targets African-American and urban consumers. The Company’s core business is the Company’s radio broadcasting franchise that is the radio broadcasting operation. As of December 31, 2011, the Company owned and/or operated 54 broadcast stations located in 16 urban markets in the United States.The Company’s primary source of revenue is the sale of local and national advertising for broadcast on its radio stations. Radio One, Inc. (NASDAQ:ROIAK) stock decreased -0.39% and finished the last session at $5.09. The EPS of the stock remained -1.29. Company’s market capitalization is $242.19 million.
Entercom Communications Corp. (NYSE:ETM) average recommendation is overweight with average Target Price of $12.00. Entercom Communications Corp. (NYSE:ETM) stock opened at $9.89 in last trading session and closed at $9.67. The 52 week range of the stock is $6.90 – $11.47 and the day range was $9.52 -$ 10.01.