ProSiebenSat.1 Media (OTCMKTS:PBSFF) Stock Price Down 7.2% – Time to Sell?

Shares of ProSiebenSat.1 Media SE (OTCMKTS:PBSFFGet Free Report) dropped 7.2% 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 Stock Performance

The stock has a 50 day simple moving average of $6.97 and a 200-day simple moving average of $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.

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