ProSiebenSat.1 Media (ETR:PSM) Trading Down 1.6% – Should You Sell?

ProSiebenSat.1 Media SE (ETR:PSM)’s share price was down 1.6% during trading on Wednesday . The company traded as low as €3.40 and last traded at €3.40. 88,779 shares changed hands during trading, a decline of 96% from the average daily volume of 2,250,000 shares. The stock had previously closed at €3.45.

ProSiebenSat.1 Media Price Performance

The company has a debt-to-equity ratio of 163.56, a quick ratio of 1.00 and a current ratio of 0.85. The stock has a market cap of $777.72 million, a P/E ratio of -29.65, a price-to-earnings-growth ratio of -1.29 and a beta of 1.16. The firm has a 50-day moving average price of €3.67 and a 200-day moving average price of €3.82.

ProSiebenSat.1 Media Company Profile

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. This segment is involved in operating commercial websites; production and distribution programming portfolio, including entertainment, reality, and factual formats, as well as TV series, TV films, and digital content; and operates Studio71 which creates and sells digital offerings for influencers.