Diamondhead Casino (OTCMKTS:DHCC) Shares Cross Above 50 Day Moving Average – Should You Sell?

Diamondhead Casino Co. (OTCMKTS:DHCCGet Free Report)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.10 and traded as high as $0.10. Diamondhead Casino shares last traded at $0.10, with a volume of 1,650 shares changing hands.

Diamondhead Casino Stock Performance

The stock has a 50 day simple moving average of $0.10 and a 200-day simple moving average of $0.15.

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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