Mobile Tornado Group (LON:MBT) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Mobile Tornado Group plc (LON:MBTGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.57 ($0.02) and traded as low as GBX 1.40 ($0.02). Mobile Tornado Group shares last traded at GBX 1.48 ($0.02), with a volume of 168 shares.

Mobile Tornado Group Price Performance

The company has a market capitalization of £5.85 million, a P/E ratio of -10.50 and a beta of 1.73. The firm has a fifty day moving average price of GBX 1.54 and a 200-day moving average price of GBX 1.57.

Insider Activity

In other news, insider Luke Wilkinson acquired 680,000 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The shares were acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £6,800 ($8,447.20). Insiders own 70.63% of the company’s stock.

About Mobile Tornado Group

(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.

Read More

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.