Jerrick Media (OTCMKTS:JMDA) Stock Passes Below Fifty Day Moving Average of $5.68

Jerrick Media Holdings Inc (OTCMKTS:JMDA) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $5.68 and traded as low as $3.00. Jerrick Media shares last traded at $3.15, with a volume of 69,820 shares changing hands.

Separately, ValuEngine upgraded shares of Jerrick Media from a “hold” rating to a “buy” rating in a report on Thursday, July 23rd.

The company’s fifty day moving average is $5.68 and its 200 day moving average is $3.94. The stock has a market cap of $31.71 million, a PE ratio of -3.21 and a beta of -0.54.

Jerrick Media Company Profile (OTCMKTS:JMDA)

Jerrick is a holding company that develops technology-based solutions designed to solve for challenges that have resulted from disruption and evolution within the broad media and content generation environment. Its flagship product Vocal is a long-form, digital publishing platform focused on supporting content creators with content management tools that are embedded within digital communities.

Further Reading: Bull Market

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