MediaCo Holding Inc (MDIA) Has Fallen -12.87%, Becoming A Losing Stock For Investors

MediaCo Holding Inc (NASDAQ:MDIA) has a beta value of 0.02 and has seen 4.53 million shares traded in the recent trading session. The company, currently valued at $47.66M, closed the recent trade at $1.02 per share which meant it lost -$0.15 on the day or -12.87% during that session. The MDIA stock price is -572.55% off its 52-week high price of $6.86 and 60.78% above the 52-week low of $0.40. If we look at the company’s 10-day average daily trading volume, we find that it stood at 55920.0 shares traded. The 3-month trading volume is 82.83K shares.

MediaCo Holding Inc (NASDAQ:MDIA) trade information

Sporting -12.87% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the MDIA stock price touched $1.02 or saw a rise of 18.4%. Year-to-date, MediaCo Holding Inc shares have moved -10.42%, while the 5-day performance has seen it change -8.49%. Over the past 30 days, the shares of MediaCo Holding Inc (NASDAQ:MDIA) have changed -20.22%. Short interest in the company has seen 59177.0 shares shorted with days to cover at 0.82.

MediaCo Holding Inc (MDIA) estimates and forecasts

The company’s shares have lost -72.10% over the past 6 months.

MDIA Dividends

MediaCo Holding Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

MediaCo Holding Inc (NASDAQ:MDIA)’s Major holders

Insiders own 1.96% of the company shares, while shares held by institutions stand at 93.59% with a share float percentage of 95.46%. Investors are also buoyed by the number of investors in a company, with MediaCo Holding Inc having a total of 20.0 institutions that hold shares in the company. The top two institutional holders are STANDARD GENERAL L.P. with over 37.53 million shares worth more than $135.12 million. As of 2024-06-30, STANDARD GENERAL L.P. held 57.3752% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 0.57 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.04 million and represent 0.8668% of shares outstanding.