QuoteMedia (OTCMKTS:QMCI) Shares Down 2.5%

QuoteMedia, Inc. (OTCMKTS:QMCI)’s stock price dropped 2.5% during mid-day trading on Tuesday . The stock traded as low as $0.19 and last traded at $0.20, approximately 63,000 shares traded hands during mid-day trading. An increase of 88% from the average daily volume of 33,479 shares. The stock had previously closed at $0.20.

Separately, Noble Financial reiterated a “buy” rating and set a $0.25 price objective on shares of QuoteMedia in a research note on Thursday, August 15th.

The stock has a fifty day moving average price of $0.19 and a two-hundred day moving average price of $0.18.

About QuoteMedia (OTCMKTS:QMCI)

QuoteMedia, Inc provides financial data, news feeds, market research information, and financial software solutions to online brokerages, clearing firms, banks, financial service companies, media portals, and public corporations worldwide. It collects, aggregates, and delivers delayed and real-time financial data content through the Internet.

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