RTL Group (OTCMKTS:RGLXY) Shares Up 9.9% – Should You Buy?

RTL Group S.A. (OTCMKTS:RGLXY) rose 9.9% during trading on Thursday . The company traded as high as $4.60 and last traded at $4.60. Approximately 1,747 shares changed hands during trading, an increase of 21% from the average daily volume of 1,449 shares. The stock had previously closed at $4.1840.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of RTL Group in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

RTL Group Stock Up 9.9%

The business has a 50 day simple moving average of $4.13 and a 200-day simple moving average of $3.96.

RTL Group Company Profile

RTL Group is a leading European entertainment network headquartered in Luxembourg, specializing in broadcasting, content production and digital streaming services. The company operates a broad portfolio of free-to-air and pay-TV channels across key European markets, including RTL in Germany, M6 in France, RTL Belgium, RTL Nederland, RTL Croatia, and RTL Hungary. It also maintains a diverse radio division, offering local radio stations in Belgium, Germany and Luxembourg, supported by an integrated advertising sales network.

In addition to its core broadcasting activities, RTL Group encompasses Fremantle, one of the world’s largest content production and distribution companies.