Mobile Tornado Group (LON:MBT) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Mobile Tornado Group plc (LON:MBT) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1.38 ($0.02) and traded as high as GBX 1.49 ($0.02). Mobile Tornado Group shares last traded at GBX 1.49 ($0.02), with a volume of 458 shares changing hands.

Mobile Tornado Group Stock Down 4.6%

The company has a market cap of £5.86 million, a P/E ratio of -5.25 and a beta of 1.73. The stock’s 50-day moving average price is GBX 1.31 and its 200-day moving average price is GBX 1.38. The company has a current ratio of 0.12, a quick ratio of 0.19 and a debt-to-equity ratio of -70.99.

Mobile Tornado Group (LON:MBT) last issued its earnings results on Thursday, June 12th. The company reported GBX (0.37) ($0.00) earnings per share (EPS) for the quarter. Mobile Tornado Group had a positive return on equity of 6.79% and a negative net margin of 51.33%.

About Mobile Tornado Group

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.