Vivic (OTCMKTS:VIVC) Shares Down 12.7% – Should You Sell?

Shares of Vivic Corp. (OTCMKTS:VIVCGet Free Report) dropped 12.7% during trading on Thursday . The stock traded as low as $3.10 and last traded at $3.10. Approximately 57,539 shares traded hands during trading, an increase of 234% from the average daily volume of 17,219 shares. The stock had previously closed at $3.55.

Vivic Stock Performance

The business’s 50 day simple moving average is $2.51 and its two-hundred day simple moving average is $3.40.

Vivic Company Profile

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Vivic Corp. engages in the construction of marinas and yachts under Monte Fino brand in the mainland China. It operates Joy Wave, an online platform that offers yacht rental and leisure services; development of energy-saving yacht engines; and provision of tourism consultancy services, as well as yacht services.

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