Slow Moving Stocks: NII Holdings Inc(NASDAQ:NIHD), Acasti Pharma Inc(NASDAQ:ACST), and DRONE AVIATION HOLDI(OTCMKTS:DRNE)
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NII Holdings Inc(NASDAQ:NIHD) saw its value increase by 1.74% yesterday as the stock gained $0.002 to move to a new closing price of $0.140. Nevertheless, the company is essentially at rock bottom. NII Holdings Inc(NASDAQ:NIHD) remains just two cents above its 52 week low of $0.12, unsurprising considering the company recently missed an interest payment and sold its Nextel subsidiary in Chile. The company is also no longer heavily as its trading volume has fallen to 3.5 million below its three month average.
Acasti Pharma Inc(NASDAQ:ACST) enjoyed a 0.42% increase in value yesterday as the stock gained $0.004 to move to a new closing price of $0.964. The stock has traded within a range of $0.80 to $2.90 over the past 52 weeks. Acasti Pharma Inc(NASDAQ:ACST), a company with a market capitalization of $74.85 million, has not published a press release since July 24th. As a result, its trading volume has fallen below its three month average.
DROVE AVIATION HOLDI(OTCMKTS:DRNE) maintained its value during yesterday’s trading as the stock remained at its previous closing price of $1.03. The stock traded within a range of $0.97 to $1.19 during the day after opening at a price of $1.01, which indicates that the company’s trading day could be considered disappointing. DROVE AVIATION HOLDI(OTCMKTS:DRNE) announced Sept. 3rd that it was receiving coverage from John H. Ford, who finds that the company is entering a sector currently receiving interest from Google and Facebook.
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