Diamondhead Casino (OTCMKTS:DHCC) Shares Cross Below 50 Day Moving Average – Time to Sell?

Diamondhead Casino Co. (OTCMKTS:DHCCGet Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.14 and traded as low as $0.09. Diamondhead Casino shares last traded at $0.12, with a volume of 6,200 shares trading hands.

Diamondhead Casino Price Performance

The stock’s 50 day simple moving average is $0.14 and its two-hundred day simple moving average is $0.18.

About Diamondhead Casino

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Diamondhead Casino Corporation does not have significant operations. It intends to construct a casino resort and other amenities in Mississippi. The company was formerly known as Europa Cruises Corporation and changed its name to Diamondhead Casino Corporation in November 2002. Diamondhead Casino Corporation was incorporated in 1988 and is based in Alexandria, Virginia.

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