Mobilicom Limited (NASDAQ:MOBBW – Get Free Report)’s share price fell 15.5% during mid-day trading on Wednesday . The company traded as low as $1.68 and last traded at $1.80. Approximately 4,987 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 5,931 shares. The stock had previously closed at $2.13.
Mobilicom Stock Up 1.0%
The business’s fifty day moving average price is $2.32 and its 200 day moving average price is $2.46.
About Mobilicom
Mobilicom Ltd. (NASDAQ:MOBBW) is a technology company specializing in secure, mission-critical communications and cybersecurity solutions for edge and IoT applications. The company’s end-to-end hardware and software platform delivers encrypted, low-latency voice, video and data connectivity across multi-network topologies, enabling real-time situational awareness in remote and contested environments. Mobilicom’s product portfolio includes edge cyber protection modules, mesh-network communication nodes and command-and-control software for unmanned systems and other field-deployed assets.
Mobilicom’s solutions support a range of applications such as unmanned aerial vehicles (UAVs), autonomous ground vehicles, industrial robotics and critical infrastructure monitoring.
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