Spanish Broadcasting System (OTCMKTS:SBSAA) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Shares of Spanish Broadcasting System, Inc. (OTCMKTS:SBSAAGet Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.32 and traded as high as $0.40. Spanish Broadcasting System shares last traded at $0.40, with a volume of 97,823 shares.

Spanish Broadcasting System Price Performance

The stock has a fifty day moving average of $0.26 and a two-hundred day moving average of $0.32. The stock has a market cap of $3.42 million, a price-to-earnings ratio of 0.33 and a beta of 3.67.

Spanish Broadcasting System (OTCMKTS:SBSAAGet Free Report) last posted its earnings results on Friday, November 29th. The company reported $0.10 EPS for the quarter. Spanish Broadcasting System had a negative return on equity of 16.69% and a net margin of 1.06%.

About Spanish Broadcasting System

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Spanish Broadcasting System, Inc operates as a Spanish-language media and entertainment company in the United States. It operates in two segments, Radio and Television. The company produces and distributes Spanish-language content, including radio programs, television shows, and music and live entertainment.

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