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

Shares of ProSiebenSat.1 Media SE (ETR:PSM) were down 0.7% on Friday . The stock traded as low as €3.84 and last traded at €3.87. Approximately 199,229 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 2,250,000 shares. The stock had previously closed at €3.90.

ProSiebenSat.1 Media Stock Down 0.7%

The company has a debt-to-equity ratio of 167.29, a quick ratio of 1.01 and a current ratio of 0.87. The firm’s 50-day moving average is €4.11 and its two-hundred day moving average is €4.62. The stock 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.

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.