Today, The Bowser Report issued a daily mover alert on Dynasil Corp. of America (DYSL), which fell more than 10% today.
DYSL fell on heavy volume today with no news. This drop may be related to the company’s annual report, which it released last Thursday.
The report featured a 4% reduction in revenues; “approximately $0.8 million of the decrease is a result of the sale of the lead paint and gamma medical probe businesses in the first quarter of 2014.” It also showed a $353,000 annual loss, compared to a $2 million annual profit last year.
It remains yet to be seen how this latest report will affect the company’s Bowser Rating, but that will be determined before the next weekly update (which comes out this upcoming Sunday). In the December 2015 newsletter, DYSL was in Category 2 with a Bowser Rating of 8.
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