Bright Mountain Media (OTCMKTS:BMTM) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Bright Mountain Media, Inc. (OTCMKTS:BMTMGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.07 and traded as low as $0.05. Bright Mountain Media shares last traded at $0.05, with a volume of 20,000 shares trading hands.

Bright Mountain Media Stock Down 6.4 %

The firm’s fifty day simple moving average is $0.06 and its 200-day simple moving average is $0.07. The firm has a market capitalization of $8.08 million, a PE ratio of -0.22 and a beta of 85.97.

Bright Mountain Media (OTCMKTS:BMTMGet Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $13.00 million for the quarter.

About Bright Mountain Media

(Get Free Report)

Bright Mountain Media, Inc provides an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics in the United States and Israel. It focuses on digital publishing comprising websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com; and advertising technology, consumer insights, creative, and media services.

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