Bright Mountain Media (OTCMKTS:BMTM) Shares Cross Above 50 Day Moving Average – What’s Next?
by Renee Jackson · The Cerbat GemShares of Bright Mountain Media, Inc. (OTCMKTS:BMTM – Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.00 and traded as high as $0.0170. Bright Mountain Media shares last traded at $0.0135, with a volume of 2,117,979 shares trading hands.
Bright Mountain Media Price Performance
The stock’s fifty day simple moving average is $0.01 and its 200-day simple moving average is $0.01. The company has a market capitalization of $2.23 million, a P/E ratio of -0.17 and a beta of 113.46.
Bright Mountain Media (OTCMKTS:BMTM – Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $13.96 million for the quarter.
Bright Mountain Media Company Profile
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. The company serves advertisers, advertising agencies and advertising service organizations. The company was formerly known as Bright Mountain Acquisition Corporation and changed its name to Bright Mountain Media, Inc in December 2015.