Tabcorp (OTCMKTS:TACBY) Shares Down 12% – Should You Sell?

Shares of Tabcorp Holdings Limited (OTCMKTS:TACBYGet Free Report) dropped 12% during mid-day trading on Friday . The company traded as low as $0.75 and last traded at $0.75. Approximately 1,700 shares traded hands during trading, an increase of 130% from the average daily volume of 740 shares. The stock had previously closed at $0.85.

Tabcorp Trading Down 12.0 %

The stock has a 50 day moving average of $0.75 and a 200-day moving average of $0.75.

About Tabcorp

(Get Free Report)

Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. It operates through Wagering and Media, and Gaming Services segments. The Wagering and Media segment offers through a network of TAB agencies, hotels and clubs, and on-course operations, as well as through retail, Internet, mobile devices, and phone.

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