ProSiebenSat.1 Media (ETR:PSM) Trading 1.2% Higher – Time to Buy?

ProSiebenSat.1 Media SE (ETR:PSM)’s stock price traded up 1.2% on Friday . The stock traded as high as €3.50 and last traded at €3.45. Approximately 118,591 shares were traded during trading, a decline of 95% from the average session volume of 2,250,000 shares. The stock had previously closed at €3.41.

ProSiebenSat.1 Media Price Performance

The company’s 50 day moving average price is €3.75 and its 200-day moving average price is €4.27. The company has a market cap of $803.80 million, a price-to-earnings ratio of -30.64, a PEG ratio of -1.29 and a beta of 1.15. The company has a debt-to-equity ratio of 167.29, a quick ratio of 1.00 and a current ratio of 0.87.

About ProSiebenSat.1 Media

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. This segment is involved in operating commercial websites; production and distribution programming portfolio, including entertainment, reality, and factual formats, as well as TV series, TV films, and digital content; and operates Studio71 which creates and sells digital offerings for influencers.