Diamondhead Casino (OTCMKTS:DHCC) Shares Cross Below 50 Day Moving Average – Here’s Why

Diamondhead Casino Co. (OTCMKTS:DHCCGet Free Report) passed 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 traded.

Diamondhead Casino Stock Up 33.3 %

The company has a 50-day simple moving average of $0.14 and a 200 day simple moving average of $0.19.

Diamondhead Casino Company Profile

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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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