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Cobalt Power Group sinks 5.9%, 12 days' volume in a day February 01, 2017 17:00 EST

Feb 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Cobalt Power Group Inc. (TSXV:CPO), has sunk 0.50c (5.9%) from its last trading session of January 31 to close at 8.0c. The fall was exacerbated by spectacular volume of 11.9 times the average daily volume of 54,001 shares.

SECTION 1

COBALT POWER GROUP BEARISH SIGNALS

1.1 Fundamentals:

+ Return on Assets and Return on Equity has been negative in recent years. [Year ended, all figures in %]

+ Tobin's Q Ratio, defined as MCap d...