Prosiebensat.1 Media (OTCMKTS:PBSFY) Sees Large Volume Increase – Here’s Why
by Sarita Garza · The Markets DailyShares of Prosiebensat.1 Media Se (OTCMKTS:PBSFY – Get Free Report) saw strong trading volume on Monday . 10,899 shares changed hands during mid-day trading, an increase of 443% from the previous session’s volume of 2,006 shares.The stock last traded at $1.26 and had previously closed at $1.28.
Prosiebensat.1 Media Trading Down 1.6%
The company has a quick ratio of 0.39, a current ratio of 0.43 and a debt-to-equity ratio of 0.14. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 4.23 and a beta of 0.96. The firm has a 50 day moving average price of $1.37 and a two-hundred day moving average price of $1.54.
Prosiebensat.1 Media Company Profile
Prosiebensat.1 Media SE (OTCMKTS:PBSFY) is a leading German media and entertainment company headquartered in Unterföhring, a suburb of Munich. The company’s core business centers on free-to-air television broadcasting, operating well-known channels such as ProSieben, Sat.1 and kabel eins. Through these networks, Prosiebensat.1 delivers a broad mix of programming, including news, sports, entertainment formats and popular international series, targeting primarily German-speaking audiences in Germany, Austria and Switzerland.
In addition to its linear broadcast activities, Prosiebensat.1 has developed a diversified portfolio of digital and streaming services.