ProSiebenSat.1 Media (ETR:PSM) Stock Price Down 0.4% – Time to Sell?

ProSiebenSat.1 Media SE (ETR:PSMGet Free Report) shares were down 0.4% during trading on Tuesday . The stock traded as low as €5.08 ($5.24) and last traded at €5.13 ($5.29). Approximately 429,430 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 2,250,000 shares. The stock had previously closed at €5.15 ($5.31).

ProSiebenSat.1 Media Stock Performance

The company has a 50-day simple moving average of €5.20 and a two-hundred day simple moving average of €5.84. The company has a debt-to-equity ratio of 132.69, a quick ratio of 1.01 and a current ratio of 0.95. The firm has a market capitalization of $1.12 billion, a P/E ratio of -9.01, a PEG ratio of -1.29 and a beta of 1.54.

About ProSiebenSat.1 Media

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ProSiebenSat.1 Media SE operates as a media company in Germany, Austria, Switzerland, the United States, and internationally. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and digital platforms, such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX, and Kabel Eins Doku, as well as PULS4, PULS24, ATV I, ATV II, and PLUS 8.

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