RTL Group (OTCMKTS:RGLXY) Trading Up 3.1% – Still a Buy?

RTL Group S.A. (OTCMKTS:RGLXY) shares shot up 3.1% during mid-day trading on Thursday . The stock traded as high as $3.36 and last traded at $3.36. 120 shares were traded during mid-day trading, a decline of 76% from the average session volume of 510 shares. The stock had previously closed at $3.26.

RTL Group Price Performance

The stock’s 50 day moving average is $3.08 and its 200-day moving average is $3.30.

RTL Group Company Profile

RTL Group SA, an entertainment company, operates television (TV) channels and radio stations, and provides streaming services in Germany, France, the Netherlands, Belgium, the United Kingdom, the United States, and internationally. The RTL Deutschland segment operates TV, streaming, radio, digital, and publishing; owns TV channels, magazines, podcasts, and various digital offerings; and radio groups, including Antenne Bayern and Radio Hamburg.