Could Ability Inc. (ABIL) Gain Strenght? The Stock Reaches All-Time Low

May 16, 2018 - By Maria Brooks

The stock of Ability Inc. (NASDAQ:ABIL) reached all time low today, May, 17 and still has $2.29 target or 7.00 % below today’s $2.46 share price. This indicates more downside for the $6.34M company. This technical setup was reported by Barchart.com. If the $2.29 PT is reached, the company will be worth $443,660 less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 6.11% or $0.16 during the last trading session, reaching $2.46. About 43,709 shares traded. Ability Inc. (NASDAQ:ABIL) has declined 83.26% since May 17, 2017 and is downtrending. It has underperformed by 94.81% the S&P500.

Another recent and important Ability Inc. (NASDAQ:ABIL) news was published by Benzinga.com which published an article titled: “16 Stocks Moving In Monday’s Pre-Market Session” on May 07, 2018.

Ability Inc. provides interception, geolocation, and cyber intelligence products and solutions for security and intelligence agencies, military forces, law enforcement agencies, and homeland security agencies worldwide. The company has market cap of $6.34 million. It specializes in off-air interception of voice, SMS, and data communication from cellular and satellite communication networks; and deciphering solutions for cellular and satellite communications. It currently has negative earnings. The firm offers strategic and tactical cellular interception systems for intercepting mobile phone traffic and tracking mobile phone users; and satellite interception systems.

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