Spanish Broadcasting System (OTCMKTS:SBSAA) Shares Pass Above 200-Day Moving Average of $0.30

Spanish Broadcasting System, Inc. (OTCMKTS:SBSAAGet Free Report)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.30 and traded as high as $0.35. Spanish Broadcasting System shares last traded at $0.35, with a volume of 1,100 shares traded.

Spanish Broadcasting System Price Performance

The stock has a 50 day moving average price of $0.29 and a 200-day moving average price of $0.30.

Spanish Broadcasting System (OTCMKTS:SBSAAGet Free Report) last released its quarterly earnings data on Thursday, August 29th. The company reported $0.05 earnings per share for the quarter. The company had revenue of $38.50 million for the quarter. Spanish Broadcasting System had a negative return on equity of 32.32% and a negative net margin of 21.28%.

About Spanish Broadcasting System

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Spanish Broadcasting System, Inc operates as a Spanish-language media and entertainment company in the United States. It operates in two segments, Radio and Television. The company produces and distributes Spanish-language content, including radio programs, television shows, and music and live entertainment.

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