Mobile Tornado Group (LON:MBT) Stock Price Down 2.4% – What’s Next?

Mobile Tornado Group plc (LON:MBTGet Free Report)’s stock price fell 2.4% 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 changed hands 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 Trading Down 7.8 %

The business’s fifty day simple moving average is GBX 1.51 and its 200 day simple moving average is GBX 1.62. The stock has a market cap of £6.35 million, a price-to-earnings ratio of -10.50 and a beta of 1.73.

Insider Activity at Mobile Tornado Group

In related news, insider Luke Wilkinson acquired 680,000 shares of the company’s stock in a transaction dated Thursday, October 10th. The shares were bought at an average price 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 insiders.

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.

Further Reading

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