Mobile Tornado Group (LON:MBT) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Mobile Tornado Group plc (LON:MBTGet Free Report)’s share price crossed 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 changing hands.

Mobile Tornado Group Price Performance

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

Insider Buying and Selling at Mobile Tornado Group

In related news, insider Luke Wilkinson purchased 680,000 shares of the business’s stock in a transaction on Thursday, October 10th. The stock was acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £6,800 ($8,447.20). 70.63% of the stock is currently owned by company 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.

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.