Mobile Tornado Group (LON:MBT) Stock Price Down 2.4% – Should You Sell?

Mobile Tornado Group plc (LON:MBT) traded down 2.4% during trading on Tuesday . The stock traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.66 ($0.02). 338,938 shares were traded during trading, an increase of 7% from the average session volume of 318,018 shares. The stock had previously closed at GBX 1.70 ($0.02).

Mobile Tornado Group Stock Performance

The business has a 50 day moving average of GBX 1.51 and a two-hundred day moving average of GBX 1.62. The firm has a market capitalization of £6.35 million, a price-to-earnings ratio of -10.50 and a beta of 1.73.

Insider Activity

In related news, insider Luke Wilkinson purchased 680,000 shares of Mobile Tornado Group stock in a transaction dated Thursday, October 10th. The stock was bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £6,800 ($8,640.41). 70.63% of the stock is currently owned by corporate insiders.

About Mobile Tornado Group

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.