ProSiebenSat.1 Media (ETR:PSM) Trading Down 0.2% – Here’s Why

ProSiebenSat.1 Media SE (ETR:PSM)’s stock price was down 0.2% on Wednesday . The stock traded as low as €4.81 and last traded at €4.83. Approximately 180,601 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 2,250,000 shares. The stock had previously closed at €4.83.

ProSiebenSat.1 Media Price Performance

The firm has a market cap of $1.10 billion, a price-to-earnings ratio of -42.08, a P/E/G ratio of -1.29 and a beta of 1.54. The company has a current ratio of 0.95, a quick ratio of 1.01 and a debt-to-equity ratio of 166.07. The stock’s fifty day moving average price is €4.84 and its 200-day moving average price is €6.05.

About ProSiebenSat.1 Media

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. This segment is involved in operating commercial websites; production and distribution programming portfolio, including entertainment, reality, and factual formats, as well as TV series, TV films, and digital content; and operates Studio71 which creates and sells digital offerings for influencers.