Shares of Spanish Broadcasting System, Inc. (OTCMKTS:SBSAA – Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.35 and traded as low as $0.21. Spanish Broadcasting System shares last traded at $0.4990, with a volume of 1,250 shares.
Spanish Broadcasting System Stock Performance
The firm has a 50 day simple moving average of $0.62 and a two-hundred day simple moving average of $0.35.
Spanish Broadcasting System (OTCMKTS:SBSAA – Get Free Report) last issued its quarterly earnings results on Wednesday, December 3rd. The company reported $0.15 EPS for the quarter. The business had revenue of $31.26 million for the quarter.
About Spanish Broadcasting System
Spanish Broadcasting System, Inc is a leading multimedia company serving the U.S. Hispanic audience through a diversified portfolio of radio, digital and television assets. Headquartered in Miami, Florida, the company operates Spanish-language radio stations, online streaming platforms and live entertainment events aimed at Hispanic listeners and advertisers. Its media properties include flagship FM and AM radio stations in major markets, digital streaming apps and websites that deliver music, news and cultural programming.
The company’s core business centers on radio broadcasting, operating over a dozen stations across New York, Los Angeles, Miami, San Francisco, Chicago and Puerto Rico.
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