MQ Technology Bhd (+ve)SHARES in MQ Technology Bhd (fundamental: 0.75/3, valuation: 0/3) triggered our momentum algorithm yesterday for the first time this year as its share price fell two sen or 13.3% to close at 13 sen, with 7.02 million shares traded. Revenue, however, fell 1.24% to RM3.99 million from RM4.04 million. For the six-month period, its net loss widened to RM2 million, compared with RM542,000 a year ago. Revenue fell 15.54% to RM7.72 million from RM9.14 million. The stock currently trades at 3.39 times its book value.

Source: The Edge Markets November 01, 2016 02:42 UTC