MediaCo Holding Inc (MDIA) saw an uptrend of 4.10% in the recent trading with $1.22 being its most recent. The current price level -82.22% lower than the highest price of $6.86 marked by the stock while trading over the past 52-weeks, whereas it is 205.00% higher than the lowest price of $0.40 the company dropped to over past 52-weeks. The latest news story on MDIA appeared in (Business Wire) under the title “MediaCo Completes Full Repayment of $7.3 Million Convertible Promissory Note”.
Squeezing the time span to 30 day period shows us the stock is currently trading -10.95% below one month high and is +32.59% above of the lowest during that time. Looking into the simple moving average, MediaCo Holding Inc (MDIA)’s stock stands at a SMA-50 of $1.2368 while that of 5-day is reading $1.1711.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and MDIA’s SMA-200 as of now is $2.1283.
MediaCo Holding Inc Earnings – What Happened With MDIA
Coming around sales and income figures on MDIA Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
MDIA – MediaCo Holding Inc Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 41.23 million. MDIA does have institutional investors; and they hold 1.92% of the stock.
MediaCo Holding Inc – Insider Activity and Holdings
As on 2024-06-30, STANDARD GENERAL L.P. was the top most holder in MediaCo Holding Inc (NASDAQ:MDIA) with an ownership of 37.53 million shares of the company or 57.3752 of the stake worth $135.12 million. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 0.8668 of the outstanding shares. Its stake is worth $2.04 million for having 0.57 million shares in hand.
GEODE CAPITAL MANAGEMENT, LLC also came holding a key position in the company during the recent quarter and it now holds 0.3447 of the outstanding shares. With this there are now 20.0 institutions which have possession in MDIA’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, MediaCo Holding Inc has a debt to equity ratio of 2.35.
Technical Analysis of MediaCo Holding Inc (NASDAQ:MDIA) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for MediaCo Holding Inc (MDIA), we notice that the stock’s 20-day average volume is at 300,410 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 173,398 shares. And to end, MDIA’s 100-day average volume is 123,183 shares with 100% of the long-term indicators pointing towards Sell for the stock.
