Mobile Tornado Group (LON:MBT) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Mobile Tornado Group plc (LON:MBT) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.53 and traded as low as GBX 0.30. Mobile Tornado Group shares last traded at GBX 0.38, with a volume of 1,214,130 shares.

Mobile Tornado Group Price Performance

The firm’s fifty day simple moving average is GBX 0.38 and its 200 day simple moving average is GBX 0.52. The company has a market cap of £1.66 million, a price-to-earnings ratio of -102.16 and a beta of 1.73. The company has a current ratio of 0.12, a quick ratio of 0.19 and a debt-to-equity ratio of -70.99.

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. It also provides Workforce Management platform, which offers a suite of tools to manage employees and other organizational assets; MDC5000 Dispatch Console that manages a remote workforce's mission-critical and day-to-day operations; and Recording solution, which enables to record, retrieve, and playback of PTT audio communications through IPRS Recording platform.