ProSiebenSat.1 Media (ETR:PSM) Shares Up 3% – Should You Buy?

Shares of ProSiebenSat.1 Media SE (ETR:PSMGet Free Report) were up 3% during mid-day trading on Wednesday . The stock traded as high as €6.07 ($6.90) and last traded at €6.04 ($6.86). Approximately 720,112 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 2,250,000 shares. The stock had previously closed at €5.86 ($6.66).

ProSiebenSat.1 Media Stock Up 3.0 %

The company has a quick ratio of 1.01, a current ratio of 0.95 and a debt-to-equity ratio of 166.07. The stock’s 50-day simple moving average is €5.96 and its 200 day simple moving average is €5.59. The firm has a market cap of $1.38 billion, a P/E ratio of -52.62, 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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