Shares of ProSiebenSat.1 Media SE (OTCMKTS:PBSFF – Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.62 and traded as low as $5.4923. ProSiebenSat.1 Media shares last traded at $5.4923, with a volume of 1 shares trading hands.
ProSiebenSat.1 Media Price Performance
The company’s 50 day moving average is $5.55 and its 200 day moving average is $5.61.
ProSiebenSat.1 Media Company Profile
ProSiebenSat.1 Media is a leading German mass-media company specializing in free-to-air television broadcasting, content production and digital entertainment services. The company operates a portfolio of national TV channels, including ProSieben, Sat.1 and Kabel Eins, which together reach millions of viewers in German-speaking Europe. Alongside its flagship linear channels, ProSiebenSat.1 offers video-on-demand platforms and streaming services that complement its broadcast schedules and cater to the increasing demand for on-demand content.
Founded through the consolidation of several regional broadcasters in the early 2000s, ProSiebenSat.1 has grown both organically and through strategic acquisitions.
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