Prosiebensat.1 Media (OTCMKTS:PBSFY) Sees Large Volume Increase After Earnings Beat

Prosiebensat.1 Media Se (OTCMKTS:PBSFYGet Free Report) saw unusually-strong trading volume on Friday following a better than expected earnings announcement. Approximately 15,700 shares changed hands during trading, an increase of 456% from the previous session’s volume of 2,822 shares.The stock last traded at $1.10 and had previously closed at $1.12.

The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.52. The business had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Prosiebensat.1 Media had a negative net margin of 0.33% and a positive return on equity of 19.14%.

Prosiebensat.1 Media Price Performance

The stock has a market cap of $998.29 million, a PE ratio of 3.44 and a beta of 0.96. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.39 and a current ratio of 0.43. The business has a 50 day moving average price of $1.31 and a two-hundred day moving average price of $1.44.

About Prosiebensat.1 Media

(Get Free Report)

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.

Further Reading

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