Spanish Broadcasting System (OTCMKTS:SBSAA) Shares Cross Below 200-Day Moving Average of $0.90

Spanish Broadcasting System, Inc. (OTCMKTS:SBSAAGet Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.90 and traded as low as $0.74. Spanish Broadcasting System shares last traded at $0.74, with a volume of 110 shares trading hands.

Spanish Broadcasting System Price Performance

The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 43.12. The company has a market cap of $5.46 million, a PE ratio of -0.58 and a beta of 0.67. The stock has a 50-day simple moving average of $0.78 and a 200 day simple moving average of $0.90.

Spanish Broadcasting System (OTCMKTS:SBSAAGet Free Report) last posted its earnings results on Tuesday, August 29th. The company reported ($0.09) EPS for the quarter. Spanish Broadcasting System had a negative net margin of 7.31% and a negative return on equity of 34.35%. The business had revenue of $35.45 million during the quarter.

About Spanish Broadcasting System

(Get Free Report)

Spanish Broadcasting System, Inc operates as a Spanish-language media and entertainment company in the United States. It operates in two segments, Radio and Television. The company produces and distributes Spanish-language content, including radio programs, television shows, and music and live entertainment.

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