Reservoir Media (NASDAQ:RSVRW – Get Free Report) is anticipated to post its resultson Tuesday, August 4th. Analysts expect Reservoir Media to post earnings of ($0.01) per share and revenue of $41.4630 million for the quarter.
Reservoir Media Stock Performance
NASDAQ:RSVRW traded down $0.00 on Tuesday, reaching $0.01. The stock had a trading volume of 24,062 shares, compared to its average volume of 10,445. Reservoir Media has a 12-month low of $0.01 and a 12-month high of $1.25. The company has a 50-day moving average of $0.12 and a 200 day moving average of $0.16.
Reservoir Media Company Profile
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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