Fantex (OTCMKTS:EJMLL) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Fantex, Inc. (OTCMKTS:EJMLLGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.00 and traded as low as $0.56. Fantex shares last traded at $1.00, with a volume of 100 shares changing hands.

Fantex Stock Performance

The business has a 50 day simple moving average of $1.00 and a 200 day simple moving average of $1.00.

Fantex Company Profile

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Fantex, Inc (Fantex) is an early-stage start-up company. Fantex is a brand acquisition, marketing and brand development company. The Company is focused on acquiring minority interests in the income associated with the brands of professional athletes. Its operations consist of evaluating, targeting and accessing brands, and negotiating the acquisition of minority interests in those brands that meet its criteria.

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