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Monaco Coach Corp. announced today (March 4) that its common stock is being quoted on the over-the-counter markets.
Tuesday, the NYSE said that the common stock of the company has been suspended from that exchange based on the NYSE’s determination of an “abnormally low” trading level. It finished the day’s trading at 7 cents per share.
The Coburg, Ore.-based company expects its stock to continue to be actively quoted in the Pink Sheets and is taking appropriate steps to also be quoted on the OTC Bulletin Board.
Monaco’s over-the-counter ticker symbol will be MCOA. The Pink Sheets is a well-known, centralized quotation service that collects and publishes quotes for OTC Bulletin Board securities.