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StockNews.com
StockNews.com
Business
Subhasree Kar

Investment Alert: Steer Clear of This Media Stock to Avoid Disaster This Week

Chicken Soup for the Soul Entertainment, Inc. (CSSE), a video streaming company, is struggling with mounting losses. Although management projects an increase in revenue and cash flow this year, along with potential scaling of operations and debt reduction, the short-term prospects for regaining profitability remain uncertain.

Shares of the company have lost 64.1% since the start of the year and 28.4% over the past month. However, Chairman & CEO William Rouhana recently purchased 74% more of shares of the company, indicating some level of internal confidence. But to make an informed decision, let’s look at some of the key metrics.

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