Tabcorp (OTCMKTS:TACBY) Shares Down 12% – Here’s What Happened

Tabcorp Holdings Limited (OTCMKTS:TACBYGet Free Report) traded down 12% during mid-day trading on Thursday . 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 Stock Performance

The firm’s 50 day moving average is $0.75 and its 200 day moving average is $0.75.

Tabcorp Company Profile

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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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