NeuLion (TSE:NLN) Shares Up 0.9%

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NeuLion (TSE:NLN)’s stock price rose 0.9% during mid-day trading on Monday . The stock traded as high as C$1.11 and last traded at C$1.08. Approximately 3,382,379 shares changed hands during trading, an increase of 1,358% from the average daily volume of 231,971 shares. The stock had previously closed at C$1.07.

The firm’s 50-day moving average is C$1.08.

About NeuLion (TSE:NLN)

NeuLion, Inc provides enterprise digital video solutions in the United States and internationally. Its flagship solution, the NeuLion Digital Platform, is a proprietary cloud-based turnkey solution that enables the delivery and monetization of digital video content. The NeuLion Digital Platform provides content owners and rights holders with an end-to-end turnkey video distribution platform that enables them to ingest, encode, manage, deliver, monetize, and analyze the performance of their live and on-demand digital video content.

Further Reading: Leveraged Buyout (LBO) Explained

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