ProSiebenSat.1 Media (OTCMKTS:PBSFF) Trading Down 7.2% – Here’s What Happened

Shares of ProSiebenSat.1 Media SE (OTCMKTS:PBSFFGet Free Report) dropped 7.2% during trading on Wednesday . The company traded as low as $6.48 and last traded at $6.48. Approximately 1,971 shares traded hands during trading, an increase of 948% from the average daily volume of 188 shares. The stock had previously closed at $6.98.

ProSiebenSat.1 Media Price Performance

The stock’s 50-day moving average price is $6.97 and its two-hundred day moving average price is $6.98.

About ProSiebenSat.1 Media

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ProSiebenSat.1 Media SE operates as a media company in Germany, Austria, Switzerland, the United States, and internationally. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and digital platforms, such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX, and Kabel Eins Doku, as well as PULS4, PULS24, ATV I, ATV II, and PLUS 8.

Further Reading

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