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

Tabcorp Holdings Limited (OTCMKTS:TACBY – Get Free Report) was down 12% on Wednesday. The stock traded as low as $0.75 and last traded at $0.75. 1,700 shares traded hands during mid-day trading, an increase of 130% from the average daily volume of 740 shares. The stock had previously closed at $0.8520.

Tabcorp Trading Down 12.0%

The firm has a fifty day moving average of $0.75 and a 200 day moving average of $0.75.

About Tabcorp

(Get Free Report)

Tabcorp Holdings Limited is an Australian gambling and wagering company whose ordinary shares trade on the Australian Securities Exchange under the symbol TAH and whose American depositary securities trade over the counter under the symbol TACBY. The company provides wagering, racing media and gaming services to customers and licensed venues across Australia.

Its wagering business operates under the TAB brand, offering pari-mutuel and fixed-odds betting on thoroughbred, harness and greyhound racing, as well as selected sporting events.

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