Iveda Solutions Inc (OTCBB:IVDA) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Monday.

Iveda Solutions (IVDA) traded down 9.09% during midday trading on Monday, reaching $0.30. 6,400 shares of the company were exchanged. The firm’s 50 day moving average price is $0.30 and its 200-day moving average price is $0.32. The stock’s market capitalization is $9.39 million. Iveda Solutions has a 52 week low of $0.01 and a 52 week high of $0.44.

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About Iveda Solutions

Iveda Solutions, Inc has developed Sentir, a video surveillance management platform with big data storage technology for distribution of hosted video surveillance services to end users. The Company operates through two segments: the United States-based segment, Iveda Solutions, Inc, and a Taiwan-based segment, MEGAsys.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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