ProSiebenSat.1 Media (ETR:PSM) Shares Down 3.9% – Here’s Why

ProSiebenSat.1 Media SE (ETR:PSMGet Free Report)’s stock price traded down 3.9% on Tuesday . The stock traded as low as €5.35 ($5.57) and last traded at €5.35 ($5.57). 645,150 shares changed hands during trading, a decline of 71% from the average session volume of 2,250,000 shares. The stock had previously closed at €5.57 ($5.80).

ProSiebenSat.1 Media Price Performance

The firm has a market capitalization of $1.22 billion, a P/E ratio of -9.79, a P/E/G ratio of -1.29 and a beta of 1.54. The business’s fifty day moving average is €5.49 and its 200 day moving average is €6.07. The company has a current ratio of 0.95, a quick ratio of 1.01 and a debt-to-equity ratio of 132.69.

About ProSiebenSat.1 Media

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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.

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