Bright Mountain Media (OTCMKTS:BMTM) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Bright Mountain Media, Inc. (OTCMKTS:BMTMGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.03 and traded as low as $0.0056. Bright Mountain Media shares last traded at $0.0061, with a volume of 155,201 shares traded.

Bright Mountain Media Trading Up 7.0%

The stock has a market capitalization of $1.10 million, a P/E ratio of -0.08 and a beta of 110.86. The company has a fifty day simple moving average of $0.03 and a two-hundred day simple moving average of $0.03.

Bright Mountain Media (OTCMKTS:BMTMGet Free Report) last issued its earnings results on Friday, November 7th. The company reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $13.94 million for the quarter.

Bright Mountain Media Company Profile

(Get Free Report)

Bright Mountain Media, Inc provides an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics in the United States and Israel. It focuses on digital publishing comprising websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com; and advertising technology, consumer insights, creative, and media services.

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