AirMedia Group (NASDAQ:ANTE) Rating Lowered to Hold at ValuEngine

ValuEngine cut shares of AirMedia Group (NASDAQ:ANTE) from a buy rating to a hold rating in a research report released on Wednesday morning, ValuEngine reports.

NASDAQ ANTE traded up $0.11 during mid-day trading on Wednesday, reaching $1.05. 687 shares of the stock were exchanged, compared to its average volume of 24,035. AirMedia Group has a 1-year low of $0.90 and a 1-year high of $3.20. The business’s fifty day simple moving average is $1.15 and its 200 day simple moving average is $1.29.

About AirMedia Group

AirMedia Group Inc operates out-of-home advertising platforms in the People's Republic of China. The company operates a network of digital (television) TV screens on planes operated by 7 airlines; and gas station media network, as well as other outdoor media advertising platforms in gas stations.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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