Spanish Broadcasting System (OTCMKTS:SBSAA) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Spanish Broadcasting System, Inc. (OTCMKTS:SBSAAGet Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.32 and traded as low as $0.17. Spanish Broadcasting System shares last traded at $0.30, with a volume of 1,572 shares traded.

Spanish Broadcasting System Price Performance

The business’s 50-day moving average price is $0.37 and its 200 day moving average price is $0.32. The company has a market capitalization of $2.56 million, a P/E ratio of -0.09 and a beta of 3.52.

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

About Spanish Broadcasting System

(Get Free Report)

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.

See Also

Receive News & Ratings for Spanish Broadcasting System Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spanish Broadcasting System and related companies with MarketBeat.com's FREE daily email newsletter.