ValuEngine downgraded shares of Iveda Solutions Inc (OTCBB:IVDA) from a hold rating to a sell rating in a research note issued to investors on Thursday morning.

Iveda Solutions (OTCBB:IVDA) traded up 45.54% during mid-day trading on Thursday, reaching $0.31. 2,150 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $0.29 and a 200 day moving average price of $0.33. Iveda Solutions has a 52-week low of $0.01 and a 52-week high of $0.44. The company’s market cap is $9.70 million.

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About Iveda Solutions

Iveda Solutions, Inc has developed Sentir, a video surveillance management platform with big data storage technology for distribution of hosted video surveillance services to end users. The Company operates through two segments: the United States-based segment, Iveda Solutions, Inc, and a Taiwan-based segment, MEGAsys.

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