Shares of Tabcorp Holdings Limited (OTCMKTS:TACBY – Get Free Report) dropped 12% during trading on Thursday . The stock 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 Trading Down 12.0%
The stock’s 50-day moving average is $0.75 and its 200 day moving average is $0.75.
Tabcorp Company Profile
Tabcorp Holdings Limited, trading on the OTCMKTS as TACBY, is an Australian diversified gambling and entertainment company. The firm operates across wagering, racing, media, lottery and gaming services, providing a comprehensive platform for betting on thoroughbred, harness and greyhound racing as well as major sporting events. Through its wagering arm, Tabcorp offers online, mobile and retail betting products under licensed brands and partners with bookmakers nationwide.
Founded in 1994 through the merger of the TAB (Totalizator Agency Board) operations in Queensland, South Australia and Tasmania, Tabcorp has since grown by integrating technology platforms and expanding its national network.
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