ValuEngine Upgrades AirMedia Group (NASDAQ:ANTE) to Buy

AirMedia Group (NASDAQ:ANTE) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, ValuEngine reports.

Shares of AirMedia Group stock traded up $0.20 during mid-day trading on Tuesday, hitting $1.12. 326,600 shares of the stock were exchanged, compared to its average volume of 26,292. AirMedia Group has a twelve month low of $0.90 and a twelve month high of $3.20. The company has a 50-day simple moving average of $0.96 and a 200 day simple moving average of $1.33.

AirMedia Group Company Profile

AirMedia Group Inc operates out-of-home advertising platforms in the People's Republic of China. The company operates a network of digital (television) TV screens on planes operated by 7 airlines; and gas station media network, as well as other outdoor media advertising platforms in gas stations.

Further Reading: Equal Weight Rating

To view ValuEngine’s full report, visit ValuEngine’s official website.

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