ProSiebenSat.1 Media (ETR:PSM) Shares Down 2.7% – What’s Next?

ProSiebenSat.1 Media SE (ETR:PSMGet Free Report)’s stock price traded down 2.7% during mid-day trading on Wednesday . The stock traded as low as €6.36 ($6.84) and last traded at €6.45 ($6.93). 306,418 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 2,250,000 shares. The stock had previously closed at €6.63 ($7.12).

ProSiebenSat.1 Media Trading Down 2.7 %

The stock has a 50 day moving average of €5.81 and a 200 day moving average of €5.55. The company has a debt-to-equity ratio of 166.07, a current ratio of 0.95 and a quick ratio of 1.01. The firm has a market cap of $1.47 billion, a P/E ratio of -56.20, a PEG ratio of -1.29 and a beta of 1.54.

About ProSiebenSat.1 Media

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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.

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