Propel Media (OTCMKTS:PROM) Shares Down 2.5% – Time to Sell?

Propel Media, Inc. (OTCMKTS:PROM) fell 2.5% during mid-day trading on Friday . The company traded as low as $0.39 and last traded at $0.39. 50 shares were traded during trading, a decline of 99% from the average session volume of 9,350 shares. The stock had previously closed at $0.40.

Propel Media Trading Down 2.5 %

The firm’s 50-day moving average price is $0.40 and its 200 day moving average price is $0.37.

Propel Media Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 15th were paid a $0.01 dividend. The ex-dividend date was Friday, November 15th.

Propel Media Company Profile

Propel Media, Inc operates as a diversified online advertising company in the United States and internationally. It delivers advertising via its online advertising platform called Propel Media Platform that allows advertisers to target users and deliver video, display, and text based advertising. The company offers a self-serve platform and a managed services option that give advertisers diverse solutions to reach online users and acquire customers.