Mobivity (OTCMKTS:MFON) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Mobivity Holdings Corp. (OTCMKTS:MFON) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.31 and traded as low as $0.27. Mobivity shares last traded at $0.27, with a volume of 3,025 shares traded.

Mobivity Stock Performance

The business has a 50-day moving average price of $0.24 and a 200 day moving average price of $0.31. The stock has a market capitalization of $16.56 million, a P/E ratio of -1.31 and a beta of 0.75.

Mobivity (OTCMKTS:MFON) last released its quarterly earnings data on Wednesday, August 14th. The technology company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $1.47 million during the quarter.

Mobivity Company Profile

Mobivity Holdings Corp. engages in developing and operating proprietary platforms to conduct national and localized, and data-driven marketing campaigns in the United States. The company's Recurrency platform unlocks valuable point of sale systems (POS) and mobile data to help transform customer transactions into actionable and attributable marketing insights and power Connected Rewards interactions.