Propel Media (OTCMKTS:PROM) Shares Down 2.5% – Here’s What Happened

Propel Media, Inc. (OTCMKTS:PROM)’s share price traded down 2.5% on Friday . The company traded as low as $0.39 and last traded at $0.39. 50 shares traded hands during trading, a decline of 99% from the average session volume of 9,350 shares. The stock had previously closed at $0.40.

Propel Media Trading Up 2.6 %

The firm has a fifty day moving average price of $0.40 and a 200-day moving average price of $0.37.

Propel Media Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 15th were paid a $0.01 dividend. The ex-dividend date of this dividend was Friday, November 15th.

About Propel Media

Propel Media, Inc operates as a diversified online advertising company in the United States and internationally. It delivers advertising via its online advertising platform called Propel Media Platform that allows advertisers to target users and deliver video, display, and text based advertising. The company offers a self-serve platform and a managed services option that give advertisers diverse solutions to reach online users and acquire customers.