ProSiebenSat.1 Media (ETR:PSM) Shares Down 0.4% – Here’s What Happened

ProSiebenSat.1 Media SE (ETR:PSM) fell 0.4% during trading on Wednesday. The company traded as low as €3.08 and last traded at €3.19. Approximately 281,061 shares changed hands during trading, a decline of 88% from the average daily volume of 2,250,000 shares. The stock had previously closed at €3.20.

ProSiebenSat.1 Media Trading Down 0.4%

The company has a quick ratio of 1.00, a current ratio of 0.85 and a debt-to-equity ratio of 163.56. The stock’s 50 day moving average price is €3.38 and its 200-day moving average price is €3.90. The stock has a market capitalization of $728.77 million, a P/E ratio of -27.78, a P/E/G ratio of -1.29 and a beta of 1.16.

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. This segment is involved in operating commercial websites; production and distribution programming portfolio, including entertainment, reality, and factual formats, as well as TV series, TV films, and digital content; and operates Studio71 which creates and sells digital offerings for influencers.