Reservoir Media (NASDAQ:RSVRW – Get Free Report) is expected to announce its resultson Tuesday, August 4th. Analysts expect Reservoir Media to announce earnings of ($0.01) per share and revenue of $41.4630 million for the quarter.
Reservoir Media Trading Down 16.8%
NASDAQ RSVRW traded down $0.00 on Tuesday, reaching $0.01. The company had a trading volume of 24,062 shares, compared to its average volume of 10,445. Reservoir Media has a 52 week low of $0.01 and a 52 week high of $1.25. The stock’s 50 day moving average is $0.12 and its 200-day moving average is $0.16.
About Reservoir Media
Reservoir Media, Inc (NASDAQ:RSVRW) is an independent music rights company that acquires, manages and monetizes music publishing and recorded music catalogs. Through its two core divisions—Publishing and Recorded Music—the company offers comprehensive rights administration, royalty collection, licensing and creative services to songwriters, artists and rights holders. Reservoir’s catalog spans a broad range of genres and eras, enabling it to generate revenue from performance, mechanical and synchronization royalties across multiple media platforms.
In its Publishing division, Reservoir oversees global rights administration for compositions, handling licensing negotiations for film, television, advertising and digital streaming.
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