Bright Mountain Media (OTCMKTS:BMTM) Shares Cross Below 200-Day Moving Average – Should You Sell?

Bright Mountain Media, Inc. (OTCMKTS:BMTMGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.06 and traded as low as $0.04. Bright Mountain Media shares last traded at $0.04, with a volume of 10,000 shares trading hands.

Bright Mountain Media Stock Down 20.5 %

The stock’s 50-day moving average price is $0.04 and its 200 day moving average price is $0.06. The firm has a market cap of $6.04 million, a price-to-earnings ratio of -0.32 and a beta of 85.05.

About Bright Mountain Media

(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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