ProSiebenSat.1 Media (OTCMKTS:PBSFY) Stock Price Down 7.8% – Here’s What Happened

ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) dropped 7.8% on Thursday . The company traded as low as $1.51 and last traded at $1.54. Approximately 2,021 shares changed hands during trading, a decline of 65% from the average daily volume of 5,734 shares. The stock had previously closed at $1.67.

ProSiebenSat.1 Media Stock Down 7.8 %

The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of -30.79 and a beta of 1.50. The business has a 50-day moving average of $1.50 and a 200-day moving average of $1.43. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.88 and a current ratio of 0.95.

ProSiebenSat.1 Media (OTCMKTS:PBSFY) last announced its quarterly earnings results on Thursday, March 6th. The company reported $0.19 earnings per share for the quarter. ProSiebenSat.1 Media had a negative net margin of 0.85% and a positive return on equity of 17.40%. The business had revenue of $1.35 billion during the quarter.

About ProSiebenSat.1 Media

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.