NEW YORK (
) -- Shares of
) have taken a tremendous swing upward. The stock is trading at $6.70 as of 11:30 a.m. ET, 21.2% above Monday's closing price of $5.53. Volume is at 396,970, 4.8 times the daily average of 82,200.
Spanish Broadcasting System has a market cap of $18.3 million and is part of the
industry. Shares are up 816.7% year to date as of the close of trading on Monday.
Spanish Broadcasting System, Inc. operates as a Hispanic-controlled media and entertainment company in the United States. The company has a P/E ratio of 7.3, above the average media industry P/E ratio of 2.9 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Spanish Broadcasting System as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full
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