Propel Media, Inc. (OTCMKTS:PROM – Get Free Report)’s share price dropped 12.5% on Thursday . The company traded as low as $0.85 and last traded at $1.05. Approximately 75,000 shares traded hands during mid-day trading, an increase of 402% from the average daily volume of 14,950 shares. The stock had previously closed at $1.20.
Propel Media Trading Down 12.5 %
The stock has a fifty day moving average of $0.70 and a two-hundred day moving average of $0.51.
Propel Media Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, February 25th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.0207 per share. The ex-dividend date was Tuesday, February 18th. This is a boost from Propel Media’s previous dividend of $0.01.
Propel Media Company Profile
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.
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