From TA point of view, it is rather weak and bearish as reflected on the chart .
It is reversing and turning down as the current price is staying below the SMA lines + Macd is still heading downwards.
A breaking down of 2.51/2.50 may face further selling down pressure.
In my view, this is a downtrend stock counter and may likely a candidate for short selling.
I think if 2.50 cannot hold, it may likely move down to test 2.00 then 1.80 with extension to 1.60.
Not a call to sell or buy.
This is purely based on TA.
FA is looking quite in-consistence. No dividend has been paying out for past five years. EPS is quite uncertain.
dyodd
( trade base on your own decision)
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