Spanish Broadcasting System (OTCMKTS:SBSAA) Stock Price Down 39.3% – Here’s Why

Spanish Broadcasting System, Inc. (OTCMKTS:SBSAAGet Free Report) was down 39.3% during trading on Monday . The company traded as low as $0.18 and last traded at $0.18. Approximately 1,000 shares traded hands during trading, a decline of 92% from the average daily volume of 12,259 shares. The stock had previously closed at $0.30.

Spanish Broadcasting System Trading Down 39.3 %

The stock has a fifty day moving average of $0.26 and a two-hundred day moving average of $0.30. The stock has a market capitalization of $1.55 million, a price-to-earnings ratio of 1.06 and a beta of 3.66.

About Spanish Broadcasting System

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Spanish Broadcasting System, Inc operates as a Spanish-language media and entertainment company in the United States. It operates in two segments, Radio and Television. The company produces and distributes Spanish-language content, including radio programs, television shows, and music and live entertainment.

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