Bright Mountain Media (OTCMKTS:BMTM) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Bright Mountain Media, Inc. (OTCMKTS:BMTMGet Free Report)’s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.03 and traded as low as $0.03. Bright Mountain Media shares last traded at $0.03, with a volume of 200 shares changing hands.

Bright Mountain Media Trading Down 23.1%

The firm’s 50-day moving average price is $0.03 and its 200-day moving average price is $0.03.

Bright Mountain Media (OTCMKTS:BMTMGet Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $15.41 million for the quarter.

Bright Mountain Media Company Profile

(Get Free Report)

Bright Mountain Media, Inc provides an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics in the United States and Israel. It focuses on digital publishing comprising websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com; and advertising technology, consumer insights, creative, and media services.

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