ProSiebenSat.1 Media (ETR:PSM) Trading Down 0.4% – What’s Next?

ProSiebenSat.1 Media SE (ETR:PSM)’s share price was down 0.4% during mid-day trading on Friday . The stock traded as low as €3.59 and last traded at €3.63. Approximately 144,636 shares traded hands during trading, a decline of 94% from the average daily volume of 2,250,000 shares. The stock had previously closed at €3.65.

ProSiebenSat.1 Media Trading Down 0.4%

The stock has a market capitalization of $831.24 million, a price-to-earnings ratio of -31.69, a PEG ratio of -1.29 and a beta of 1.24. The company’s 50-day moving average is €3.98 and its 200-day moving average is €4.44. The company has a quick ratio of 1.01, a current ratio of 0.87 and a debt-to-equity ratio of 167.29.

About ProSiebenSat.1 Media

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.