Audacy (NYSEARCA:AUD) Stock Crosses Above Two Hundred Day Moving Average of $0.00

Shares of Audacy, Inc. (NYSEARCA:AUDGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $0.11. Audacy shares last traded at $0.09, with a volume of 4,429,500 shares traded.

Audacy Stock Performance

The company has a debt-to-equity ratio of 3.87, a current ratio of 2.03 and a quick ratio of 2.03. The business’s 50 day simple moving average is $0.09. The firm has a market cap of $13.62 million, a PE ratio of -0.08 and a beta of 1.54.

Institutional Trading of Audacy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Audacy during the 2nd quarter worth approximately $26,000. Bank of America Corp DE increased its holdings in shares of Audacy by 1,320.3% in the fourth quarter. Bank of America Corp DE now owns 133,342 shares of the company’s stock valued at $30,000 after purchasing an additional 123,954 shares during the last quarter. UBS Group AG boosted its holdings in shares of Audacy by 225.7% during the 4th quarter. UBS Group AG now owns 137,800 shares of the company’s stock worth $32,000 after buying an additional 95,486 shares during the period. Susquehanna International Group LLP grew its stake in Audacy by 125.3% in the 1st quarter. Susquehanna International Group LLP now owns 374,094 shares of the company’s stock valued at $50,000 after buying an additional 208,036 shares during the last quarter. Finally, Two Sigma Investments LP grew its stake in Audacy by 75.5% in the 4th quarter. Two Sigma Investments LP now owns 265,059 shares of the company’s stock valued at $60,000 after buying an additional 114,052 shares during the last quarter. 45.92% of the stock is owned by institutional investors.

About Audacy

(Get Free Report)

Audacy, Inc is a scaled, multi-platform audio content, and entertainment company. The firm involves as a radio broadcasting group by offering premium audio. It engages in providing consumers with news, sports, podcasts, and music. Its broadcast brands include WFAN, KROQ, and 1010WINS. The company was founded by Joseph M.

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