Shares of Media Inc (OTC BB: CURM), engaged in the business of developing a new streaming music experience, recorded over 10.0% gain during each of the past two consecutive trading sessions with significant number of shares exchanging hands. CURM was the top performer in the U.S. consumer goods & services sector after gaining 19.3% and closed at $0.80 Tuesday, while recording significant trading volumes of 144,572 shares. It also broke its key technical resistance levels of 30-Day & 50-Day DMAs at $ 0.71 & $0.75 respectively. During the past 5-trading sessions, CURM gained 29.6% with daily average trading volumes of 56,703 shares, while the stock accumulated 6.8% gain during the past one month with daily average trading volumes of 35,379 shares. The stock is up 19.6% year-to-date.
Company Description:
CUR Media, Inc. (OTC BB: CURM) develops and markets the ability to stream music on the web and mobile devices. The Company sells music, concert tickets and merchandise through its music streaming service.
1-Year Stock Chart:
Source: Bloomberg
