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

Shares of Prosiebensat.1 Media Se (OTCMKTS:PBSFY) gapped down prior to trading on Friday . The stock had previously closed at $1.65, but opened at $1.60. Prosiebensat.1 Media shares last traded at $1.60, with a volume of 180 shares trading hands.

Prosiebensat.1 Media Trading Down 3.0%

The company has a quick ratio of 0.92, a current ratio of 0.97 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $1.45 billion, a P/E ratio of -16.00 and a beta of 1.20. The firm has a 50 day moving average of $2.05 and a 200-day moving average of $1.90.

Prosiebensat.1 Media (OTCMKTS:PBSFY) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.20). The company had revenue of $953.09 million during the quarter, compared to the consensus estimate of $996.46 million. Prosiebensat.1 Media had a negative net margin of 2.27% and a positive return on equity of 13.40%.

Prosiebensat.1 Media Company Profile

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.