Bright Mountain Media (OTCMKTS:BMTM) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Bright Mountain Media, Inc. (OTCMKTS:BMTMGet Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.05 and traded as low as $0.03. Bright Mountain Media shares last traded at $0.03, with a volume of 25,000 shares changing hands.

Bright Mountain Media Stock Performance

The firm has a market capitalization of $5.32 million, a PE ratio of -0.28 and a beta of 85.05. The stock’s 50-day simple moving average is $0.03 and its 200-day simple moving average is $0.05.

About Bright Mountain Media

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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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