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

Prosiebensat.1 Media Se (OTCMKTS:PBSFY) shares gapped down before the market opened on Thursday . The stock had previously closed at $1.0723, but opened at $1.00. Prosiebensat.1 Media shares last traded at $1.00, with a volume of 3,454 shares changing hands.

Prosiebensat.1 Media Price Performance

The business has a 50-day simple moving average of $1.11 and a 200 day simple moving average of $1.27. The firm has a market cap of $996.44 million, a P/E ratio of -5.94 and a beta of 0.98. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.68 and a current ratio of 0.72.

Prosiebensat.1 Media (OTCMKTS:PBSFY) last released its quarterly earnings results on Thursday, May 21st. The company reported $999.00 EPS for the quarter. Prosiebensat.1 Media had a positive return on equity of 14.93% and a negative net margin of 4.15%.

Prosiebensat.1 Media Company Profile

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.