RMG: The Old Double Whammy

By |2024-05-02T10:40:51-04:00May 9th, 2014|Capital, Digital Signage, Digital Signage Industry, Uncategorized|

...the stock has been thinly traded, averaging less than 11,000 shares in daily volume. That, combined with the steady decline in the stock price since its IPO last year has created a real challenge for the RMG executive team. Their strategy and stated intention was to make several more acquisitions. Ideally, those acquisitions could be done with shares trading at a healthy price, preserving precious cash for other priorities. But the low volume and weak price were a double whammy.

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