Mobivity (OTCMKTS:MFON) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Mobivity Holdings Corp. (OTCMKTS:MFONGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.12 and traded as low as $0.0750. Mobivity shares last traded at $0.0750, with a volume of 21,400 shares traded.

Mobivity Stock Up 7.1%

The firm has a market cap of $5.55 million, a price-to-earnings ratio of -0.63 and a beta of 0.71. The company’s 50-day moving average price is $0.06 and its 200-day moving average price is $0.12.

About Mobivity

(Get Free Report)

Mobivity Holdings Corp operates as a provider of digital engagement and marketing solutions designed to enhance customer loyalty and drive in-store purchases for retailers, restaurants and service providers. At the heart of its offering is a cloud-based platform that delivers targeted promotions, digital coupons, text campaigns and loyalty rewards directly to consumers’ smartphones. By integrating with point-of-sale systems and loyalty programs, Mobivity enables businesses to personalize outreach in real time, improve customer experiences and capture valuable first-party data.

The company’s primary products include its mobile engagement suite and in-venue digital signage solutions.

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