Spanish Broadcasting System (OTCMKTS:SBSAA) Shares Cross Below Two Hundred Day Moving Average of $0.21

Spanish Broadcasting System Inc (OTCMKTS:SBSAA) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.21 and traded as low as $0.19. Spanish Broadcasting System shares last traded at $0.19, with a volume of 1,500 shares traded.

The stock has a 50 day simple moving average of $0.19 and a two-hundred day simple moving average of $0.21. The company has a market cap of $1.25 million, a price-to-earnings ratio of 0.18 and a beta of -0.23.

Spanish Broadcasting System (OTCMKTS:SBSAA) last announced its quarterly earnings results on Friday, August 9th. The company reported ($0.24) EPS for the quarter. Spanish Broadcasting System had a net margin of 10.92% and a negative return on equity of 7.22%. The business had revenue of $36.93 million during the quarter.

Spanish Broadcasting System Company Profile (OTCMKTS:SBSAA)

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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