QuoteMedia (OTCMKTS:QMCI) Stock Crosses Below 50-Day Moving Average – Time to Sell?
by Michael Walen · The Markets DailyQuoteMedia Inc. (OTCMKTS:QMCI – Get Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.15 and traded as low as $0.15. QuoteMedia shares last traded at $0.1520, with a volume of 113,348 shares.
Analysts Set New Price Targets
Separately, Zacks Research raised QuoteMedia to a “hold” rating in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, QuoteMedia currently has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on QuoteMedia
QuoteMedia Stock Down 1.3%
The company’s 50-day moving average is $0.15 and its two-hundred day moving average is $0.15. The company has a market cap of $13.57 million, a P/E ratio of -5.00 and a beta of 0.01.
QuoteMedia (OTCMKTS:QMCI – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.01) EPS for the quarter. The business had revenue of $5.53 million for the quarter, compared to analyst estimates of $5.52 million. On average, analysts anticipate that QuoteMedia Inc. will post -0.01 EPS for the current fiscal year.
About QuoteMedia
QuoteMedia, Inc is a Canada-based provider of digital market data and financial content solutions, founded in 1999 and headquartered in Montreal, Quebec. The company specializes in aggregating real-time and historical market information from major exchanges in North America and beyond, offering a range of delivery options to suit client needs. Its cloud-based infrastructure supports high-volume streaming and on-demand access to equity, ETF, mutual fund and fixed-income data.
The firm’s core product suite includes streaming quote and charting services, RESTful and WebSocket APIs, embeddable financial widgets and customizable portfolio-management tools.