Sirius XM Radio Inc (NASDAQ:SIRI) is now ready to give some extra entertainment for teens. Most recently the renowned radio services revealed that it will launch a new music channel called The Girls Room.The entertainment channel will be broadcasted on Sirius XM Channel 17 on March 22.
Music from all female bands from the era of 50s to 80s will be aired at the limited run channel The Girls’ Room. The American pop music industry was mainly fascinated by The Girl Group that changed the history of rock and roll after its initiation in early 60s.
The girls bands that are selected to be aired at the Sirius XM The Girls’ Room include the teen anthems of Lesley Gore and the street corner harmony of The Shirelles. The Motown soul of The Supremes and the New Wave beat of The Go Go’s will also be played at the channel.
The channel broadcast will begin on Friday and will run through Monday March 25 on Sirius XM Channel 17.
Sirius XM Radio Inc (NASDAQ:SIRI) stock in last session held volume of 47.28 million shares as compare to its average volume of 55.76 million shares. The stock after opening at $3.11 hit high price of $3.12 and then closed at $3.06 by falling -1.29%.
Looking at the revenue measures, the company generated sales of 3.40 billion in last twelve months with income of $2.32 billion. The Company showed a positive 102.08% in the net profit margin and its operating margin is calculated as 21.73%. Company’s annual sales growth for the past five years was 29.84%.
SIRI past twelve months price to sales ratio was 5.90 and price to cash ratio recorded as 38.53. As far as the returns are concern, SIRI return on equity recorded as 97.95% while its return on assets stayed at 41.96%.