RTL Group (OTCMKTS:RGLXY) Stock Price Down 6.8% – Should You Sell?

RTL Group S.A. (OTCMKTS:RGLXY)’s stock price fell 6.8% during trading on Tuesday . The stock traded as low as $3.95 and last traded at $3.95. 148 shares changed hands during trading, a decline of 74% from the average session volume of 574 shares. The stock had previously closed at $4.24.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of RTL Group in a report on Tuesday, October 28th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

RTL Group Stock Performance

The company’s 50-day moving average is $3.73 and its 200 day moving average is $3.93.

RTL Group Company Profile

RTL Group is a leading European entertainment network headquartered in Luxembourg, specializing in broadcasting, content production and digital streaming services. The company operates a broad portfolio of free-to-air and pay-TV channels across key European markets, including RTL in Germany, M6 in France, RTL Belgium, RTL Nederland, RTL Croatia, and RTL Hungary. It also maintains a diverse radio division, offering local radio stations in Belgium, Germany and Luxembourg, supported by an integrated advertising sales network.

In addition to its core broadcasting activities, RTL Group encompasses Fremantle, one of the world’s largest content production and distribution companies.