ARN Media Ltd traded at 0.38 this Friday February 6th, decreasing 0.02 or 3.85 percent since the previous trading session. Looking back, over the last four weeks, ARN Media lost 10.71 percent. Over the last 12 months, its price fell by 40.94 percent. Looking ahead, we forecast ARN Media Ltd to be priced at 0.36 by the end of this quarter and at 0.34 in one year, according to Trading Economics global macro models projections and analysts expectations.
ARN Media Limited is an Australia-based broadcast and on-demand audio company. The Company’s segments include ARN, HK Outdoor, and Investments. ARN segment includes Metropolitan and Regional radio networks, on-demand radio, streaming and podcasting (Australia), including equity accounted investment in Nova Entertainment (Perth) Pty Ltd. HK Outdoor segment includes Billboard, transit and other outdoor advertising (Hong Kong). Investments segment includes interests in Emotive Pty Limited (creative agency) and investment in Southern Cross Austereo Media Group Limited (SCA). The Company''s portfolio of brands includes KIIS Network, Pure Gold Network, iHeartRadio, and CADA. KIIS Network includes KIIS stations, KIIS 1065, KIIS 101.1, and KIIS 97.3. Pure Gold Network delivers a combination of music, intelligent content and timeless entertainment to the Gen X audience. Its iHeartPodcast Network Australia is the preeminent podcast destination for creators, brands and audiences.