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

Tabcorp Holdings Limited (OTCMKTS:TACBYGet Free Report)’s share price dropped 12% during trading on Wednesday . The company traded as low as $0.75 and last traded at $0.75. Approximately 1,700 shares were traded during trading, an increase of 130% from the average daily volume of 740 shares. The stock had previously closed at $0.8520.

Tabcorp Price Performance

The company has a 50-day simple moving average of $0.75 and a two-hundred day simple moving average of $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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