Prosiebensat.1 Media (OTCMKTS:PBSFY) Shares Gap Down – Here’s Why

Prosiebensat.1 Media Se (OTCMKTS:PBSFY) shares gapped down prior to trading on Thursday . The stock had previously closed at $1.0723, but opened at $1.00. Prosiebensat.1 Media shares last traded at $1.00, with a volume of 3,454 shares traded.

Prosiebensat.1 Media Stock Up 7.2%

The stock has a market cap of $977.81 million, a P/E ratio of -5.83 and a beta of 0.98. The company has a current ratio of 0.72, a quick ratio of 0.68 and a debt-to-equity ratio of 1.20. The firm’s fifty day moving average is $1.12 and its 200 day moving average is $1.28.

Prosiebensat.1 Media (OTCMKTS:PBSFY) last posted its quarterly earnings data on Thursday, May 21st. The company reported $999.00 EPS for the quarter. Prosiebensat.1 Media had a positive return on equity of 14.93% and a negative net margin of 4.15%.

About Prosiebensat.1 Media

Prosiebensat.1 Media SE (OTCMKTS:PBSFY) is a leading German media and entertainment company headquartered in Unterföhring, a suburb of Munich. The company’s core business centers on free-to-air television broadcasting, operating well-known channels such as ProSieben, Sat.1 and kabel eins. Through these networks, Prosiebensat.1 delivers a broad mix of programming, including news, sports, entertainment formats and popular international series, targeting primarily German-speaking audiences in Germany, Austria and Switzerland.

In addition to its linear broadcast activities, Prosiebensat.1 has developed a diversified portfolio of digital and streaming services.