Q: Should I be concerned that today this stock dropped below 200 DMA on heavy volume. Fundamentally would you rate buy, sell, or hold.
Best Regards,
Harold
Best Regards,
Harold
5i Research Answer:
Technical moves can bring out more sellers sometimes, but with small cap stocks perhaps less so. Investors were disappointed with results, but with a good dividend and a very low valuation we would consider it a HOLD.