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

Posted by Jeff Wilder on Dec 3rd, 2024

Mobile Tornado Group plc (LON:MBT – Get Free Report) fell 2.4% during mid-day trading on Tuesday . The company traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.66 ($0.02). 338,938 shares traded hands during mid-day 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 2.4 %

The firm has a market capitalization of £6.93 million, a price-to-earnings ratio of -10.50 and a beta of 1.73. The firm’s 50-day moving average is GBX 1.50 and its 200 day moving average is GBX 1.62.

Insider Activity at Mobile Tornado Group

In related news, insider Luke Wilkinson bought 680,000 shares of Mobile Tornado Group stock in a transaction that occurred on Thursday, October 10th. The shares were acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction of £6,800 ($8,616.32). 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.