Mobile Tornado Group (LON:MBT) Stock Price Down 11.1% – Here’s Why

Mobile Tornado Group plc (LON:MBTGet Free Report) dropped 11.1% during trading on Wednesday . The stock traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.11 ($0.01). Approximately 952,224 shares traded hands during trading, an increase of 612% from the average daily volume of 133,769 shares. The stock had previously closed at GBX 1.25 ($0.02).

Mobile Tornado Group Stock Performance

The company’s 50-day moving average is GBX 1.45 and its two-hundred day moving average is GBX 1.45. The company has a market capitalization of £4.88 million, a P/E ratio of -4.37 and a beta of 1.73. The company has a quick ratio of 0.19, a current ratio of 0.12 and a debt-to-equity ratio of -70.99.

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.

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