Bright Mountain Media (OTCMKTS:BMTM) Issues Quarterly Earnings Results

Bright Mountain Media (OTCMKTS:BMTM) announced its earnings results on Friday. The company reported ($0.02) earnings per share for the quarter, Zacks reports.

Bright Mountain Media Stock Down 74.4%

Shares of OTCMKTS BMTM traded down $0.03 during trading hours on Friday, hitting $0.01. The company had a trading volume of 256,137 shares, compared to its average volume of 21,315. Bright Mountain Media has a 1-year low of $0.01 and a 1-year high of $0.04. The firm’s 50 day moving average is $0.04 and its 200-day moving average is $0.03. The stock has a market capitalization of $1.80 million, a P/E ratio of -0.13 and a beta of 110.86.

About Bright Mountain Media

Bright Mountain Media, Inc provides an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics in the United States and Israel. It focuses on digital publishing comprising websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com; and advertising technology, consumer insights, creative, and media services.