NTN Buzztime (NYSEAMERICAN:NTN) Stock Price Down 3.1%

NTN Buzztime Inc (NYSEAMERICAN:NTN)’s share price was down 3.1% during mid-day trading on Monday . The stock traded as low as $3.34 and last traded at $3.46. Approximately 4,651 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 11,036 shares. The stock had previously closed at $3.57.

Separately, Zacks Investment Research downgraded NTN Buzztime from a “buy” rating to a “hold” rating in a report on Friday, March 8th.

NTN Buzztime (NYSEAMERICAN:NTN) last released its quarterly earnings data on Monday, May 13th. The company reported ($0.11) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.31). The company had revenue of $4.83 million during the quarter.

An institutional investor recently raised its position in NTN Buzztime stock. PNC Financial Services Group Inc. boosted its stake in shares of NTN Buzztime Inc (NYSEAMERICAN:NTN) by 100.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,122 shares of the company’s stock after buying an additional 15,061 shares during the quarter. PNC Financial Services Group Inc. owned approximately 1.05% of NTN Buzztime worth $59,000 as of its most recent SEC filing.

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NTN Buzztime Company Profile (NYSEAMERICAN:NTN)

NTN Buzztime, Inc provides interactive entertainment and dining technology to bars and restaurants in the United States and Canada. Its principal product and service is Buzztime Entertainment On Demand (BEOND) platform. The company also leases equipment, including tablets used in its BEOND tablet platform, and the cases and charging trays for the tablets to certain network subscribers.

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