Fantex (OTCMKTS:EJMLL) Share Price Breaks Above 50 Day Moving Average – Here’s What Happened

Fantex, Inc. (OTCMKTS:EJMLL – Get Free Report) shares crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $1.00 and traded as high as $1.00. Fantex shares last traded at $1.00, with a volume of 100 shares trading hands.

Fantex Price Performance

The stock’s 50-day moving average is $1.00 and its 200-day moving average is $1.00.

Fantex Company Profile

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Fantex, Inc was a financial technology company that developed a platform for creating and offering securities linked to the future income of professional athletes and other public figures. The company’s concept allowed investors to obtain exposure to an athlete’s personal brand and commercial earnings through publicly offered “brand contracts.”

Fantex’s platform was associated with athlete-branded securities tied to endorsement income, licensing opportunities, appearance fees and other brand-related revenue.

Further Reading

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