Spanish Broadcasting System (OTCMKTS:SBSAA) Stock Price Passes Below 200-Day Moving Average of $0.37

Spanish Broadcasting System, Inc. (OTCMKTS:SBSAAGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.37 and traded as low as $0.25. Spanish Broadcasting System shares last traded at $0.25, with a volume of 235 shares traded.

Spanish Broadcasting System Stock Down 23.1 %

The stock has a 50 day moving average of $0.30 and a 200 day moving average of $0.37.

Spanish Broadcasting System (OTCMKTS:SBSAAGet Free Report) last issued its earnings results on Wednesday, May 29th. The company reported $0.53 EPS for the quarter. The company had revenue of $42.33 million during the quarter. Spanish Broadcasting System had a negative return on equity of 70.45% and a negative net margin of 27.38%.

About Spanish Broadcasting System

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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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