As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Cumulus will likely underperform.
Joseph Hannan CFO, Principal Accounting Officer, Sr. VP and Treasurer
Cumulus Price and Market Media
The median price of Cumulus for the period between Fri, Apr 19, 2013 and Sun, May 19, 2013 is 3.54 with a coefficient of variation of 8.65. The daily time series for the period is distributed with a sample standard deviation of 0.3, arithmetic mean of 3.43, and mean deviation of 0.27. The Stock received substential amount of media coverage during this period.
Cumulus Media Inc [CMLS] is traded on NASDAQ in USA. It is located in Peachtree Road, N.W.Atlanta, GA and employs 4,432 people. The company currently falls under 'Small-Cap' category with current market capitalization of 526.67 M. Cumulus Media Inc conducts business under Services sector and is part of Broadcasting - Radio industry. This company has 175.56 M outstanding shares of which 7.7 M shares are currently shorted by private and institutional investors with about 26.7 trading days to cover.
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