Spanish Broadcasting System (OTCMKTS:SBSAA) Stock Price Down 6.2% – What’s Next?

Shares of Spanish Broadcasting System, Inc. (OTCMKTS:SBSAAGet Free Report) traded down 6.2% during mid-day trading on Monday . The stock traded as low as $0.15 and last traded at $0.15. 1,700 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 8,456 shares. The stock had previously closed at $0.16.

Spanish Broadcasting System Stock Performance

The firm has a market capitalization of $1.29 million, a P/E ratio of 0.95 and a beta of 3.52. The firm’s 50-day moving average is $0.39 and its 200 day moving average is $0.33.

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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