Zacks Investment Research upgraded shares of Neulion (OTCMKTS:NEUL) from a sell rating to a hold rating in a research report sent to investors on Friday.

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. “

Shares of Neulion (OTCMKTS:NEUL) opened at $0.40 on Friday. Neulion has a 52 week low of $0.28 and a 52 week high of $0.70. The stock has a market capitalization of $112.78, a P/E ratio of -10.10 and a beta of 3.06.

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Neulion Company Profile

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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