Choose Rain (OTCMKTS:RSAU) Trading Down 12.3% – Time to Sell?

Choose Rain, Inc. (OTCMKTS:RSAU) was down 12.3% during trading on Wednesday . The company traded as low as $0.2015 and last traded at $0.2114. Approximately 2,710 shares were traded during mid-day trading, an increase of 3,535% from the average daily volume of 75 shares. The stock had previously closed at $0.2411.

Choose Rain Stock Down 12.3%

The stock has a 50-day moving average of $0.26 and a 200 day moving average of $0.27. The stock has a market cap of $4.74 million, a PE ratio of -10.57 and a beta of 0.42.

About Choose Rain

Choose Rain, Inc collects, purifies, and filters rainwater into bottled drinking water. It serves its water to art shows, business meetings, college reunions, conventions, family reunions, festivals, golf tournaments, high school reunions, parades, parties/weddings, and sporting events. The company offers products through stores, small boutique locations, and its online store. The company was incorporated in 1998 and is based in Ormond Beach, Florida.