Propel Media (OTCMKTS:PROM) Shares Down 2.5% – What’s Next?

Propel Media, Inc. (OTCMKTS:PROMGet Free Report)’s share price traded down 2.5% during mid-day trading on Friday . The stock traded as low as $0.39 and last traded at $0.39. 50 shares changed hands during trading, a decline of 99% from the average session volume of 9,350 shares. The stock had previously closed at $0.40.

Propel Media Stock Performance

The stock has a 50 day moving average price of $0.40 and a 200 day moving average price of $0.37.

Propel Media Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 15th were given a $0.01 dividend. The ex-dividend date of this dividend was Friday, November 15th.

About Propel Media

(Get Free Report)

Propel Media, Inc operates as a diversified online advertising company in the United States and internationally. It delivers advertising via its online advertising platform called Propel Media Platform that allows advertisers to target users and deliver video, display, and text based advertising. The company offers a self-serve platform and a managed services option that give advertisers diverse solutions to reach online users and acquire customers.

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