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Armada Data plummets 13.8% on strong volume February 01, 2017 17:00 EST

Feb 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Armada Data Corporation (TSXV:ARD), Canada's 9th largest Online media company by market cap, has plummeted 2.0c (13.8%) from its last trading session of January 31 to close at 12.50c. The fall was exacerbated by strong volume of 2.8 times the average daily volume of 9,892 shares.

SECTION 1

ARMADA DATA BEARISH SIGNALS

1.1 Fundamentals:

+ Tobin's Q Ratio, defined as MCap divided by Total Assets, is 2.3. Compared with the rest of the mar...