Mobile Tornado Group (LON:MBT) Stock Passes Below 200 Day Moving Average – Here’s Why

Mobile Tornado Group plc (LON:MBT)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 0.43 and traded as low as GBX 0.30. Mobile Tornado Group shares last traded at GBX 0.38, with a volume of 1,214,130 shares changing hands.

Mobile Tornado Group Trading Up 0.8%

The company has a debt-to-equity ratio of -70.99, a current ratio of 0.12 and a quick ratio of 0.19. The business has a 50-day simple moving average of GBX 0.38 and a two-hundred day simple moving average of GBX 0.43. The stock has a market cap of £1.66 million, a price-to-earnings ratio of -102.16 and a beta of 1.73.

Mobile Tornado Group Company Profile

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. It also provides Workforce Management platform, which offers a suite of tools to manage employees and other organizational assets; MDC5000 Dispatch Console that manages a remote workforce's mission-critical and day-to-day operations; and Recording solution, which enables to record, retrieve, and playback of PTT audio communications through IPRS Recording platform.