Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Townsquare Media Inc before investing.

In this article, we go over a few key elements for understanding Townsquare Media Inc’s stock price such as:

• Townsquare Media Inc’s current stock price and volume
• Why Townsquare Media Inc’s stock price changed recently
• Upgrades and downgrades for TSQ from analysts
• TSQ’s stock price momentum as measured by its relative strength

About Townsquare Media Inc (TSQ)

Before we jump into Townsquare Media Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Townsquare Media, Inc. is a digital media and digital marketing solutions company. The Company's integrated and diversified products and solutions enable local, regional and national advertisers to target audiences across multiple platforms, including digital, mobile, social, video, streaming, e-commerce, radio and events. Its segments include Subscription Digital Marketing Solutions, Digital Advertising and Broadcast Advertising. The Subscription Digital Marketing Solutions includes its subscription digital marketing solutions business, Townsquare Interactive. The Digital Advertising segment, which it markets as Townsquare Ignite, includes digital advertising on its owned and operated digital properties and its digital programmatic advertising platform. The Broadcast Advertising includes its local, regional and national advertising products and solutions delivered via terrestrial radio broadcast. Its portfolio includes local media brands such as WYRK.com, WJON.com and NJ101.5.com.

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Townsquare Media Inc’s Stock Price as of Market Close

As of May 13, 2024, 4:00 PM, CST, Townsquare Media Inc’s stock price was $11.55.

Townsquare Media Inc is down 5.17% from its previous closing price of $12.18.

During the last market session, Townsquare Media Inc’s stock traded between $11.75 and $12.31. Currently, there are 0.00 million shares of Townsquare Media Inc stock available for purchase.

Unfortunately, Townsquare Media Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Townsquare Media Inc Stock Price History

Townsquare Media Inc’s (TSQ) price is currently down 4.31% so far this month.

During the month of May, Townsquare Media Inc’s stock price has reached a high of $12.92 and a low of $11.54.

Over the last year, Townsquare Media Inc has hit prices as high as $13.57 and as low as $8.00. Year to date, Townsquare Media Inc’s stock is up 59.31%.

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What Caused Townsquare Media Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 10, 2024, there were 2 analysts who downgraded Townsquare Media Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Townsquare Media Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Townsquare Media Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Townsquare Media Inc (TSQ) by visiting AAII Stock Evaluator.

Relative Price Strength of Townsquare Media Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 10, 2024, Townsquare Media Inc has a weighted four-quarter relative price strength of 1.11%, which translates to a Momentum Score of 68 and is considered to be Strong.

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Townsquare Media Inc Stock Price: Bottom Line

As of May 13, 2024, Townsquare Media Inc’s stock price is $11.55, which is down 5.17% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Townsquare Media Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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