Television Broadcasts (OTCMKTS:TVBCY) Shares Down 4% – Here’s Why

Television Broadcasts Limited (OTCMKTS:TVBCYGet Free Report) was down 4% during trading on Friday . The stock traded as low as $0.70 and last traded at $0.70. Approximately 500 shares changed hands during trading, a decline of 56% from the average daily volume of 1,125 shares. The stock had previously closed at $0.73.

Television Broadcasts Price Performance

The stock has a 50 day simple moving average of $0.79 and a two-hundred day simple moving average of $0.78.

About Television Broadcasts

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Television Broadcasts Limited, together with its subsidiaries, engages in terrestrial television broadcasting, program production, and other television-related activities. It operates through Hong Kong TV Broadcasting; Over-The-Top (OTT) Streaming; e-Commerce Business; Mainland China Operations; and International Operations segments.

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