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Shares of TSQ Down 22.8% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Townsquare Med-A (NYSE:TSQ) on September 26th, 2018 at $8.17. In approximately 1 month, Townsquare Med-A has returned 22.84% as of today's recent price of $6.30.

Over the past year, Townsquare Med-A has traded in a range of $6.03 to $13.01 and is now at $6.30, 4% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 2.6%.

Townsquare Media, Inc. provides radio broadcasting services. The Company acquires, develops, and operates radio stations and digital properties in mid-sized markets. Townsquare Media owns FM and AM radio stations throughout the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Townsquare Med-A.

Log in and add Townsquare Med-A (TSQ) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights townsquare med-a

Ticker(s): TSQ