Ascent Capital Group Inc Series A (OTCMKTS:ASCMA) Shares Up 5.5% – Here’s What Happened

Ascent Capital Group Inc Series A (OTCMKTS:ASCMA)’s share price rose 5.5% on Wednesday . The company traded as high as $1.00 and last traded at $0.82. Approximately 19,000 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 166,831 shares. The stock had previously closed at $0.78.

Ascent Capital Group Inc Series A Stock Performance

The stock has a 50-day simple moving average of $0.82 and a 200-day simple moving average of $0.82.

About Ascent Capital Group Inc Series A

Ascent Capital Group, Inc, through its subsidiary, Monitronics International, Inc, provides security alarm monitoring services to residential and commercial customers in the United States, Canada, the District of Columbia, and Puerto Rico. The company provides monitoring services for alarm signals arising from burglaries, fires, medical alerts, and other events through security systems at customers' premises.