Neulion (NEUL) Rating Lowered to Sell at Zacks Investment Research
Neulion (OTCMKTS:NEUL) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.
According to Zacks, “NeuLion, Inc. specializes in digital video broadcasting, distribution and monetization. It delivers live and on-demand content to Internet-enabled devices. The Company contracts with television broadcasters throughout the world to broadcast their linear feeds through broadband Internet connections to home computers, laptops, or Internet-enabled televisions. Its services comprise interactive television video device player design and development; signal capture, encoding, and transcoding; support and management of content delivery network; live video editing and tagging; and content management services. NeuLion, Inc. is based in Plainview, New York. “
Neulion (OTCMKTS:NEUL) opened at $0.45 on Tuesday. Neulion has a 52 week low of $0.28 and a 52 week high of $0.99. The firm has a market cap of $122.64, a price-to-earnings ratio of -11.23 and a beta of 2.92.
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NeuLion, Inc provides enterprise digital video solutions in the United States and internationally. Its flagship solution, the NeuLion Digital Platform, is a proprietary cloud-based turnkey solution that enables the delivery and monetization of digital video content. The NeuLion Digital Platform provides content owners and rights holders with an end-to-end turnkey video distribution platform that enables them to ingest, encode, manage, deliver, monetize, and analyze the performance of their live and on-demand digital video content.
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