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VersaPay in its biggest weekly loss in 2 months February 01, 2017 17:00 EST

Feb 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

VersaPay Corporation (TSXV:VPY), Canada's 8th largest Credit services company by market cap, has dropped 5.0c (3.8%) from its last trading session of January 31 to close at CAD1.25. The volume was 0.2 times the average trading volume of 58,563 shares. In the past week the shares have sunk 4.6%, the biggest weekly fall since December 13, 2016.

SECTION 1

VERSAPAY BEARISH SIGNALS

1.1 Fundamentals:

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