Townsquare Media, Inc. Class A shares had a trading volume of 2,371 in the last trading session. Overall, volume was down 93.11% under the stocks normal daily volume.
Investors are more bullish on shares of Townsquare Media, Inc. Class A as implied by the fall in short interest. The firm recorded a fall in short interest of -12.62% between September 15, 2017 and September 29, 2017. Short shares decreased 10,583 over that period. Days to cover decreased 0.0 to 2.0 and the percentage of shorted shares was 0.00% on September 29.
Additionally, here are a few investment firms who have increased or decreased their stake in (TSQ). Boston Partners grew its position by buying 186,202 shares an increase of 428.1%. Boston Partners claims 229,702 shares with a value of $2,352,000. The total value of its holdings increased 343.8%. Two Sigma Advisers, Lp cut its investment by shedding 1,200 shares a decrease of 3.2% as of 06/30/2017. Two Sigma Advisers, Lp now holds 36,000 shares worth $369,000. The value of the position overall is down by 18.5%.
Ubs Group Ag expanded its ownership by buying 1,811 shares an increase of 713.0% in the quarter. Ubs Group Ag controls 2,065 shares valued at $21,000. The value of the position overall is up by 600.0%. Acadian Asset Management LLC divested its stake by selling 21,400 shares a decrease of 25.9% from 06/30/2017 to 09/30/2017. Acadian Asset Management LLC currently owns 61,250 shares worth $612,000. The total value of its holdings decreased 27.6%.
The company is trading up by 0.79% percent from yesterday’s close. Company shares last traded at $10.15 which is slightly above $10.06, the 50 day moving average and slightly below the 200 day moving average of $10.55. The 50 day moving average was up $0.09 and the 200 day average moved down $-0.40.
The P/E ratio is 13.44 and the market value is 187.55M. As of the latest earnings report the EPS was $0.75 and is estimated to be $0.95 for the current year with 18,478,000 shares outstanding. Next quarter’s EPS is estimated at $0.23 with next year’s EPS projected to be $1.13.
Townsquare Media, Inc., launched on February 26, 2010, is a media, entertainment and digital marketing solutions company principally focused on small and mid-sized markets across the United States. The Company operates through two segments: Local Advertising and Live Events. The Business’s Local Advertising segment offers broadcast, digital and mobile advertising within its local markets. The Business’s Live Events segment consists of a range of live events, which the Company creates, promotes and produces, including music concerts, multi-day music festivals, fairs, consumer expositions and trade shows, athletic events, lifestyle events and other forms of entertainment. The Company reports the remainder of its business in its Other Media and Entertainment category, which principally provides digital marketing solutions, e-commerce solutions and digital advertising services nationally..