Spanish Broadcasting System (OTCMKTS:SBSAA) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Spanish Broadcasting System, Inc. (OTCMKTS:SBSAAGet Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.32 and traded as low as $0.00. Spanish Broadcasting System shares last traded at $0.00, with a volume of 137 shares trading hands.

Spanish Broadcasting System Stock Performance

The firm has a fifty day moving average price of $0.02 and a 200 day moving average price of $0.32.

About Spanish Broadcasting System

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Spanish Broadcasting System, Inc is a leading multimedia company serving the U.S. Hispanic audience through a diversified portfolio of radio, digital and television assets. Headquartered in Miami, Florida, the company operates Spanish-language radio stations, online streaming platforms and live entertainment events aimed at Hispanic listeners and advertisers. Its media properties include flagship FM and AM radio stations in major markets, digital streaming apps and websites that deliver music, news and cultural programming.

The company’s core business centers on radio broadcasting, operating over a dozen stations across New York, Los Angeles, Miami, San Francisco, Chicago and Puerto Rico.

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