Prosiebensat.1 Media (OTCMKTS:PBSFY) Shares Gap Down – Here’s What Happened

Prosiebensat.1 Media Se (OTCMKTS:PBSFYGet Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $1.2550, but opened at $1.1925. Prosiebensat.1 Media shares last traded at $1.1925, with a volume of 120 shares trading hands.

Prosiebensat.1 Media Trading Down 1.4%

The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.39 and a current ratio of 0.43. The firm has a market cap of $1.08 billion, a P/E ratio of 3.90 and a beta of 0.96. The stock has a fifty day simple moving average of $1.36 and a 200 day simple moving average of $1.50.

About Prosiebensat.1 Media

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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.

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