Ascent Capital Group Inc Series A (OTCMKTS:ASCMA) Trading 5.5% Higher – Time to Buy?

Shares of Ascent Capital Group Inc Series A (OTCMKTS:ASCMAGet Free Report) rose 5.5% on Wednesday . The stock traded as high as $1.00 and last traded at $0.82. Approximately 19,000 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 166,831 shares. The stock had previously closed at $0.78.

Ascent Capital Group Inc Series A Price Performance

The business has a 50 day moving average price of $0.82 and a 200-day moving average price of $0.82.

Ascent Capital Group Inc Series A Company Profile

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Ascent Capital Group, Inc, through its subsidiary, Monitronics International, Inc, provides security alarm monitoring services to residential and commercial customers in the United States, Canada, the District of Columbia, and Puerto Rico. The company provides monitoring services for alarm signals arising from burglaries, fires, medical alerts, and other events through security systems at customers' premises.

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