VCI Global (NASDAQ:VCIG) Shares Down 5.5% – Should You Sell?

VCI Global Limited (NASDAQ:VCIGGet Free Report) shares were down 5.5% during mid-day trading on Friday . The stock traded as low as $0.9132 and last traded at $1.03. Approximately 1,006,339 shares traded hands during trading, a decline of 79% from the average daily volume of 4,771,141 shares. The stock had previously closed at $1.09.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of VCI Global in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Read Our Latest Stock Report on VCI Global

VCI Global Trading Down 5.5%

The stock’s 50 day simple moving average is $8.34 and its 200 day simple moving average is $49.42.

About VCI Global

(Get Free Report)

VCI Global Limited, together with its subsidiaries, provides business and technology consulting services in Malaysia. The company offers business strategy consultancy services, including listing solutions, investors relations, and boardroom strategies consultancy. It also provides technology consultancy services and solutions, such as digital development, fintech solution, and software solutions.

Featured Stories

Receive News & Ratings for VCI Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VCI Global and related companies with MarketBeat.com's FREE daily email newsletter.