Mobile Tornado Group (LON:MBT) Stock Passes Below 200 Day Moving Average – Time to Sell?

Mobile Tornado Group plc (LON:MBTGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.58 ($0.02) and traded as low as GBX 1.37 ($0.02). Mobile Tornado Group shares last traded at GBX 1.37 ($0.02), with a volume of 92,599 shares traded.

Mobile Tornado Group Trading Up 5.7 %

The stock’s 50 day moving average price is GBX 1.53 and its two-hundred day moving average price is GBX 1.58. The firm has a market capitalization of £6.18 million, a price-to-earnings ratio of -10.50 and a beta of 1.73.

Insider Buying and Selling at Mobile Tornado Group

In other news, insider Luke Wilkinson bought 680,000 shares of the stock in a transaction on Thursday, October 10th. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £6,800 ($8,556.69). 70.63% of the stock is currently owned by corporate insiders.

Mobile Tornado Group Company Profile

(Get Free Report)

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.

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