Townsquare Media Inc. Class A (NYSE:TSQ) traded at a new 52-week high today of $12.51. Approximately 93,000 shares have changed hands today, as compared to an average 30-day volume of 122,000 shares.
Townsquare Media Inc is a radio, digital media, entertainment, and digital marketing solutions company principally focused on being the premier local advertising and marketing solutions platform in small and mid-sized markets across the United States. It has three segments. Advertising segment, which is the key revenue driver, includes broadcast and digital advertising products and solutions; Townsquare Interactive segment includes its digital marketing solutions business; and Live Events segment includes concerts, expositions, and other experiential events.
Townsquare Media Inc. Class A (NYSE:TSQ) is currently priced 1.6% above its average consensus analyst price target of $11.20.
In the past 52 weeks, Townsquare Media Inc. Class A share prices are bracketed by a low of $3.80 and a high of $12.51 and is now at $11.38, 200% above that low price.
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