NeuLion Inc (TSE:NLN) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.56 and last traded at C$0.58, with a volume of 33,630 shares. The stock had previously closed at C$0.59.
Separately, Beacon Securities upgraded NeuLion from a “hold” rating to a “speculative buy” rating in a report on Thursday, August 3rd.
The stock’s market capitalization is $161.60 million. The company has a 50-day moving average of $0.64 and a 200 day moving average of $0.73.
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NeuLion, Inc is a provider of enterprise digital video solutions. The Company offers solutions, such as the NeuLion Digital Platform, NeuLion consumer electronics (CE) Technologies and MainConcept Technologies. Its NeuLion Digital Platform is a cloud-based, fully integrated, turnkey solution that offers content owners and rightsholders a suite of digital technologies, together with services for back-end content preparation, management, delivery and monetization, in an end-to-end solution.
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