ProSiebenSat.1 Media (OTCMKTS:PBSFF) Shares Down 16.8%

ProSiebenSat.1 Media SE (OTCMKTS:PBSFFGet Free Report) dropped 16.8% during mid-day trading on Friday . The company traded as low as $6.98 and last traded at $6.98. Approximately 600 shares changed hands during trading, an increase of 219% from the average daily volume of 188 shares. The stock had previously closed at $8.39.

ProSiebenSat.1 Media Stock Performance

The stock’s 50-day moving average is $8.39 and its 200-day moving average is $7.47.

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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