Shares of MoneyOnMobile Inc (OTCMKTS:MOMT) shot up 320.5% during trading on Wednesday . The stock traded as high as $0.07 and last traded at $0.07, 1,071 shares were traded during mid-day trading. An increase of 44% from the average session volume of 742 shares. The stock had previously closed at $0.02.
The stock’s 50-day moving average is $0.02 and its two-hundred day moving average is $0.06.
About MoneyOnMobile (OTCMKTS:MOMT)
MoneyOnMobile, Inc provides digital payment services in India. The company offers MoneyOnMobile, a mobile electronic wallet service used to pay for goods and services from a mobile phone, as well as for other financial transactions. It also allows consumers to deposit funds into their mobile wallet, as well as allows them to make payments for utilities and transfer currency to other consumers using text-messaging and mobile application technology.
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