ProSiebenSat.1 Media (ETR:PSM) Shares Climb 0.2% – Time to Buy?

ProSiebenSat.1 Media SE (ETR:PSM)’s share price was up 0.2% during mid-day trading on Wednesday. The stock traded as high as €3.36 and last traded at €3.25. 147,309 shares changed hands during trading, a decline of 93% from the average daily volume of 2,250,000 shares. The stock had previously closed at €3.25.

ProSiebenSat.1 Media Trading Down 1.8%

The company has a quick ratio of 1.00, a current ratio of 0.85 and a debt-to-equity ratio of 163.56. The stock has a market capitalization of $731.06 million, a P/E ratio of -27.87, a price-to-earnings-growth ratio of -1.29 and a beta of 1.16. The company has a fifty day simple moving average of €3.55 and a two-hundred day simple moving average of €3.71.

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.