Provision Holding Inc (OTCMKTS:PVHO) Regains Some Value

[[tagnumber 0]][[tagnumber 1]]Provision Holding Inc (OTCMKTS:PVHO) gained quite a lot of altitude after embarking on an upward climb in the beginning of February. There were a few hiccups, but the ticker continued to gain altitude and the daily volumes increased greatly.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]][[tagnumber 6]]PVHO[[tagnumber 7]] reached a high of $0.4601 in the beginning of April, but began to slide down the charts since then. It made a couple of attempts to recover some of the lost value, however, it began to slide even steeper in the beginning of this month. Meanwhile, the company’s market cap has gotten quite small, compared to the results it recorded in the last quarter of 2015.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $2.86 million[[tagnumber 13]] [[tagnumber 12]]current assets: $4.58 million[[tagnumber 13]] [[tagnumber 12]]current liabilities: $8.32 million[[tagnumber 13]] [[tagnumber 12]]quarterly revenues: $2.2 million[[tagnumber 13]] [[tagnumber 12]]net loss: $600 thousand[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Pretty decent numbers, but this doesn’t seem to stop [[tagnumber 6]]PVHO[[tagnumber 7]] from falling. The company currently holds a market cap of around $15 million, which is far less than many other OTC entities that have almost nothing to brag about in their balance sheets.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The slide can, however, be attributed to the few press releases that [[tagnumber 6]]PVHO[[tagnumber 7]] has been making recently. Still, the ticker managed to step 18.82% up yesterday and close at $0.205 without any PR help. The 931 thousand shares that were traded managed to generate $171 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]There is, however, some hesitation in today’s trading. [[tagnumber 6]]PVHO[[tagnumber 7]] started off well and gapped up at 23 cents per share, but has now slid and is 1.90% in the red. Be sure to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]