Bright Mountain Media (OTCMKTS:BMTM) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of Bright Mountain Media, Inc. (OTCMKTS:BMTMGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.06 and traded as low as $0.04. Bright Mountain Media shares last traded at $0.04, with a volume of 10,000 shares trading hands.

Bright Mountain Media Trading Down 20.5 %

The company’s 50-day moving average is $0.04 and its 200 day moving average is $0.06. The firm has a market cap of $6.04 million, a PE ratio of -0.32 and a beta of 85.05.

Bright Mountain Media Company Profile

(Get Free Report)

Bright Mountain Media, Inc provides an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics in the United States and Israel. It focuses on digital publishing comprising websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com; and advertising technology, consumer insights, creative, and media services.

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