Fantex, Inc. (OTCMKTS:EJMLL – Get Free Report)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.00 and traded as high as $1.00. Fantex shares last traded at $1.00, with a volume of 100 shares traded.
Fantex Stock Performance
The firm has a fifty day moving average price of $1.00 and a two-hundred day moving average price of $1.00.
About Fantex
Fantex Inc operates a financial technology platform that enabled investors to acquire and trade customized equity interests tied to the future earnings of professional athletes and other public figures. By partnering with athletes, entertainers and their representatives, Fantex structured and underwrote asset-backed securities based on projected branding, endorsement and licensing income streams. Through its online marketplace, individual and institutional investors could participate directly in the long-term economic performance of a talent’s personal brand.
The company’s service suite included contract structuring, underwriting analysis, regulatory compliance and secondary trading facilitation.
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