Ascent Capital Group Inc Series A (OTCMKTS:ASCMA) Stock Jumps 5.5% – What’s Next?

Ascent Capital Group Inc Series A (OTCMKTS:ASCMA – Get Free Report) shot up 5.5% on Thursday. The company traded as high as $0.9999 and last traded at $0.8180. 19,000 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 166,831 shares. The stock had previously closed at $0.7750.

Ascent Capital Group Inc Series A Stock Performance

The company’s 50-day moving average price is $0.82 and its two-hundred day moving average price is $0.82.

About Ascent Capital Group Inc Series A

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Ascent Capital Group, Inc. was a holding company that primarily operated through its subsidiary, Monitronics International, Inc. Monitronics provided residential and commercial security monitoring services, including professionally monitored burglar, fire and emergency alarm systems. The company also offered related services such as home automation, video surveillance and interactive security solutions through a network of authorized dealers and direct customer relationships. Its services were primarily aimed at customers in the United States.

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