Shares of Ascent Capital Group Inc Series A (NASDAQ:ASCMA) reached a new 52-week low during trading on Monday . The stock traded as low as $0.95 and last traded at $0.99, with a volume of 753 shares changing hands. The stock had previously closed at $1.01.

Several research firms recently commented on ASCMA. Zacks Investment Research downgraded shares of Ascent Capital Group Inc Series A from a “buy” rating to a “hold” rating in a research report on Tuesday, August 7th. ValuEngine upgraded shares of Ascent Capital Group Inc Series A from a “hold” rating to a “buy” rating in a research report on Thursday, September 6th.

The stock has a market cap of $12.80 million, a P/E ratio of -0.11 and a beta of 1.67. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of -12.96.

Ascent Capital Group Inc Series A (NASDAQ:ASCMA) last released its quarterly earnings results on Thursday, August 2nd. The industrial products company reported ($2.43) EPS for the quarter, beating the consensus estimate of ($3.08) by $0.65. Ascent Capital Group Inc Series A had a negative net margin of 59.27% and a negative return on equity of 166.55%. The firm had revenue of $135.01 million during the quarter, compared to the consensus estimate of $134.21 million. analysts expect that Ascent Capital Group Inc Series A will post -9.86 earnings per share for the current year.

Hedge funds have recently added to or reduced their stakes in the stock. Deutsche Bank AG raised its position in Ascent Capital Group Inc Series A by 137.1% during the 4th quarter. Deutsche Bank AG now owns 24,851 shares of the industrial products company’s stock worth $284,000 after buying an additional 14,371 shares during the last quarter. LMR Partners LLP purchased a new position in Ascent Capital Group Inc Series A during the 2nd quarter worth $110,000. Paloma Partners Management Co purchased a new position in Ascent Capital Group Inc Series A during the 2nd quarter worth $151,000. Millennium Management LLC purchased a new position in Ascent Capital Group Inc Series A during the 2nd quarter worth $723,000. Finally, AEGON USA Investment Management LLC purchased a new position in Ascent Capital Group Inc Series A during the 1st quarter worth $1,138,000. Hedge funds and other institutional investors own 70.68% of the company’s stock.

About Ascent Capital Group Inc Series A (NASDAQ:ASCMA)

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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