Bright Mountain Media, Inc. (OTCMKTS:BMTM – Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.01 and traded as low as $0.0059. Bright Mountain Media shares last traded at $0.0059, with a volume of 215,750 shares traded.
Bright Mountain Media Stock Up 9.3%
The firm has a market capitalization of $1.06 million, a price-to-earnings ratio of -0.07 and a beta of 124.39. The firm’s 50 day moving average is $0.01 and its 200 day moving average is $0.03.
Bright Mountain Media (OTCMKTS:BMTM – Get Free Report) last posted its quarterly earnings results on Friday, November 7th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $13.94 million for the quarter.
About Bright Mountain Media
Bright Mountain Media, Inc provides an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics in the United States and Israel. It focuses on digital publishing comprising websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com; and advertising technology, consumer insights, creative, and media services. The company serves advertisers, advertising agencies and advertising service organizations. The company was formerly known as Bright Mountain Acquisition Corporation and changed its name to Bright Mountain Media, Inc in December 2015.
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