MoneyOnMobile (OTCMKTS:MOMT) Trading 320.5% Higher

MoneyOnMobile Inc (OTCMKTS:MOMT) shares traded up 320.5% on Wednesday . The stock traded as high as $0.07 and last traded at $0.07, 1,071 shares changed hands 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 price is $0.02 and its 200-day moving average price is $0.06.

MoneyOnMobile Company Profile (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.

Further Reading: What is a capital gain?

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