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ProSiebenSat.1 Media (ETR:PSM) Stock Price Down 2.2% - Here's Why

ProSiebenSat.1 Media logo with Communication Services background

ProSiebenSat.1 Media SE (ETR:PSM - Get Free Report)'s share price dropped 2.2% on Wednesday . The stock traded as low as €7.08 ($8.05) and last traded at €7.19 ($8.16). Approximately 529,110 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 2,250,000 shares. The stock had previously closed at €7.35 ($8.35).

ProSiebenSat.1 Media Price Performance

The company has a market cap of $1.62 billion, a price-to-earnings ratio of -61.69, a PEG ratio of -1.29 and a beta of 1.54. The company has a quick ratio of 1.01, a current ratio of 0.95 and a debt-to-equity ratio of 166.07. The company's fifty day moving average price is €6.28 and its two-hundred day moving average price is €5.73.

About ProSiebenSat.1 Media

(Get Free Report)

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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