Salem Media Group shares may trade with an average volume of just 27,574 shares, but its value is one indicator of how the company focused on Christian-themed and conservative secular spoken word audio content is performing from a fiscal perspective.
How is that performance? It’s not great, as Salem shares are heading to a new all-time low and are down by more than 40% year-to-date following the release of quarterly earnings for Q2 on Tuesday.
