Media General, Inc. (symbol: MEG) was one of the biggest winners of the
trading day today (2015-09-28), gaining 22.33%. The number of shares that
changed hands was 14,608,066, or about 10.6 times the average daily volume
in the stock.
The closing price was $13.64, amounting to a market cap of $1,740,000,000,
about -24.22% off the highest price in the last 12 months. The stock has
been trading at a range between $9.74 and $18.0.
MEG is in the Broadcasting industry, part of the Consumer Services sector.
Looking at its valuation, the stock is now trading at 43.16 times earnings.
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