What’s Propelling MySquar Ltd to Decline So Much?

 What's Propelling MySquar Ltd to Decline So Much?

The stock of MySquar Ltd (LON:MYSQ) is a huge mover today! The stock decreased 2.93% or GBX 0.11 on November 28, hitting GBX 3.64. About 502,990 shares traded hands. MySquar Ltd (LON:MYSQ) has declined 53.03% since April 29, 2016 and is downtrending. It has underperformed by 59.05% the S&P500.
The move comes after 7 months negative chart setup for the GBX 7.70M company. It was reported on Nov, 28 by Barchart.com. We have GBX 3.49 PT which if reached, will make LON:MYSQ worth GBX 308,000 less.

MySquar Ltd is a mobile services company, which offers consumer technology solutions. The company has a market cap of 7.70 million GBP. The Firm offers MyCHAT, which is a mobile messaging application. It currently has negative earnings. The Company’s MyCHAT application allows users to interact with each other and find friends over the Internet using their mobile.

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