Concorde International Group's (CIGL) "Sell (E)" Rating Reaffirmed at Weiss Ratings

Key Points

• Concorde International Group's stock has been reaffirmed with a "sell (e)" rating by Weiss Ratings, indicating a negative outlook from analysts.
• During mid-day trading, CIGL stock dropped 4.4%, closing at $2.58, which is significantly lower than its 12-month high of $31.06.
• Concorde International Group specializes in integrated security services, combining physical manpower with innovative technology for security solutions.

Concorde International Group (NASDAQ:CIGL - Get Free Report)'s stock had its "sell (e)" rating reissued by equities researchers at Weiss Ratings in a note issued to investors on Tuesday,Weiss Ratings reports.

Concorde International Group Stock Down 4.4%

CIGL stock traded down $0.12 during mid-day trading on Tuesday, hitting $2.58. 37,962 shares of the stock were exchanged, compared to its average volume of 1,994,125. The firm's fifty day simple moving average is $2.64. Concorde International Group has a 12 month low of $1.40 and a 12 month high of $31.06.

Concorde International Group Company Profile

Concorde International Group Limited is an integrated security services providers that combines physical manpower and innovative technology to deliver effective security solutions. In 2014, we were awarded “The Business Model Innovation Award” by the Singapore Manufacturing Federation. In 2015, we were awarded the “Best Innovative Use of Infocomm Technology Award” by the Singapore Infocomm Technology Federation (“SiTF”).

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