Tag: NASDAQ:CMLS

  • Services Sector Top Gainers: Cumulus Media (NASDAQ:CMLS), You On Demand Holdings (NASDAQ:YOD), Gray Television (NYSE:GTN), Multimedia Games Holding (NASDAQ:MGAM)

    A veteran of the Chicago radio ad sales scene, Paul Agase is joining Cumulus Media Inc (NASDAQ:CMLS) in Chicago Cumulus Media Inc (NASDAQ:CMLS) as vice-president of sales for two of the city’s iconic radio stations, news/talk-formatted WLS-AM (890) and WLUP-FM (97.9), a classic rock-formatted station familiarly known as “The Loop.Cumulus Media Inc (NASDAQ:CMLS) shares after opening at $6.50 moved to $6.95 on last trade day and at the end of the day closed at $6.92. Company price to sales ratio in past twelve months was calculated as 1.38 and price to cash ratio as 23.46. Cumulus Media Inc (NASDAQ:CMLS) showed a positive weekly performance of 13.07%.

    YOU On Demand Holdings, Inc. (NASDAQ: YOD) (“YOU On Demand” or the “Company” or “YOD”), a leading multi-platform entertainment and Video On Demand (“VOD”) company in China, announced its year-end operating results for the period ended December 31, 2013 (a full copy of the Company’s annual report on Form 10-K is also being posted at www.sec.gov. You On Demand Holdings, Inc. (NASDAQ:YOD) shares advanced 12.10% in last trading session and ended the day on $4.91. YOD return on equity ratio is recorded as -201.30% and its return on assets is -39.00%. You On Demand Holdings, Inc. (NASDAQ:YOD)  yearly performance is 192.26%.

    Gray Television, Inc. NYSE:GTN) on March 11, announced results from operations for the quarter and year ended December 31, 2013. For the quarter and year ended December 31, 2013, Gray reported record total revenue, Broadcast Cash Flow and Broadcast Cash Flow Less Cash Corporate Expenses (each non-GAAP terms as defined below) for an off year of the two-year political advertising cycle as follows: Gray Television, Inc. NYSE:GTN)  broadcast advertising revenues are typically higher in even-numbered years due to increased spending by political candidates, political parties and special interest groups in advance of elections. This political spending typically is heaviest during the fourth quarter. As a result of this revenue and operational cyclicality, the Company believes that sequential period over period comparisons may not provide appropriate comparisons, and that it may be more appropriate to compare results from either the on year or the off year of the two-year political advertising cycle to the prior similar period.Gray Television, Inc. (NYSE:GTN) shares moved up 5.49% in last trading session and was closed at $10.37, while trading in range of $9.90-$10.39. Gray Television, Inc. (NYSE:GTN) year to date performance is -30.31%.

    Investors in Multimedia Games Holding Company Inc (NASDAQ:MGAM) saw new options begin trading this week, for the October 18th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 206 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MGAM options chain for the new October 18th contracts and identified one put and one call contract of particular interest.Multimedia Games Holding Company Inc (NASDAQ:MGAM) weekly performance is 2.76%. On last trading day company shares ended up $29.04. Multimedia Games Holding Company Inc (NASDAQ:MGAM)  distance from 50-day simple moving average is -7.80%. Analysts mean target price for the company is $38.60.