Mobile Tornado Group (LON:MBT) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Mobile Tornado Group plc (LON:MBTGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.56 ($0.02) and traded as low as GBX 1.30 ($0.02). Mobile Tornado Group shares last traded at GBX 1.30 ($0.02), with a volume of 85,550 shares.

Mobile Tornado Group Price Performance

The firm has a market cap of £5.70 million, a PE ratio of -10.50 and a beta of 1.73. The stock has a 50 day moving average price of GBX 1.32 and a two-hundred day moving average price of GBX 1.56.

Insiders Place Their Bets

In related news, insider Luke Wilkinson purchased 680,000 shares of the firm’s stock in a transaction on Thursday, October 10th. The stock was acquired at an average price of GBX 1 ($0.01) per share, with a total value of £6,800 ($8,818.57). 70.63% of the stock is owned by insiders.

Mobile Tornado Group Company Profile

(Get Free Report)

Mobile Tornado Group plc provides instant communication mobile applications in the United Kingdom and internationally. The company offers Push-to-Talk solution (PTT) that provides one-to-one calls or broadcast to a large group with a single push of a button; and PTT Mobile Device Management provides secure communications, and prevents end-users from changing device configuration, or change device settings.

Featured Articles

Receive News & Ratings for Mobile Tornado Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mobile Tornado Group and related companies with MarketBeat.com's FREE daily email newsletter.