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AirMedia Group (NASDAQ:ANTE) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

AirMedia Group logo with Transportation background

Key Points

  • Shares of AirMedia Group Inc (NASDAQ:ANTE) have surpassed their 200-day moving average of $1.25, trading at $5.08 with significant trading volume of 208,070 shares.
  • The company's 50-day moving average stands at $2.35, indicating a notable increase from this level as the stock price climbed to a high of $5.51 during trading.
  • AirMedia Group operates out-of-home advertising networks in China, providing various in-flight solutions including connectivity and entertainment through satellite and land-based systems.
  • Five stocks to consider instead of AirMedia Group.

Shares of AirMedia Group Inc (NASDAQ:ANTE - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.25 and traded as high as $5.51. AirMedia Group shares last traded at $5.08, with a volume of 208,070 shares changing hands.

AirMedia Group Trading Up 1.8%

The business's 50-day moving average price is $2.35 and its two-hundred day moving average price is $1.25.

AirMedia Group Company Profile

(Get Free Report)

AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.

Further Reading

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