DVC
Stock analyst, Macquarie Research Equities (MRE) have downgraded their recommendation for the DCA Group (DVC) stock with a 12 month share price target of $2.60. MRE has said that "on their numbers, it is difficult to see how value will be derived by a financial buyer, particularly in light of the risks inherent in yet another change of ownership for the imaging business".
DCA Group (DVC) took the honours for the loser of last week. DCA Group is down 19 per cent after they released a profit warning. DCA charts show that their stock price was in a steady uptrend since mid-March. Note the candle formations and the volume of stocks traded before the fall, especially how the volume the day before the massive gap reached above the 50 day EMA.. DCA Group is listed on the Australian Stock Exchange under stock code DVC. Check your charts.
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