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Ultrack Systems plummets 16.7% on firm volume February 28, 2017 16:00 EST

Feb 28, 2017 - News Bites Canadian Markets

AMERICAN DAILY STOCK REPORT

Ultrack Systems, Inc. (OTCBB:MJLB), OTC's 16th largest Consumer cyclical company by market cap, has plummeted 1.0c (16.7%) from its last trading session of February 27 to close at 5.0c. Compared with the NASDAQ-100 Index which fell 17.2 points (0.3%) in the day, the relative price change was -16.3%. The fall was exacerbated by firm volume of 1.4 times the average daily volume of 62,537 shares.

SECTION 1

ULTRACK SYSTEMS BEARISH SIGNALS

1.1 Tech...