ProSiebenSat.1 Media (ETR:PSM) Trading Down 0.7% – Here’s What Happened

ProSiebenSat.1 Media SE (ETR:PSM)’s share price traded down 0.7% during trading on Friday . The stock traded as low as €3.84 and last traded at €3.87. 199,229 shares changed hands during trading, a decline of 91% from the average session volume of 2,250,000 shares. The stock had previously closed at €3.90.

ProSiebenSat.1 Media Stock Down 0.7%

The firm’s 50-day simple moving average is €4.11 and its 200 day simple moving average is €4.62. The company has a market cap of $886.14 million, a P/E ratio of -33.78, a PEG ratio of -1.29 and a beta of 1.15. The company has a debt-to-equity ratio of 167.29, a quick ratio of 1.01 and a current ratio of 0.87.

ProSiebenSat.1 Media Company Profile

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.