Mobile Tornado Group (LON:MBT) Trading Down 8.5%

Mobile Tornado Group plc (LON:MBT)’s share price traded down 8.5% during trading on Thursday . The company traded as low as GBX 2.70 ($0.03) and last traded at GBX 2.70 ($0.03). 3,521,551 shares changed hands during mid-day trading, an increase of 742% from the average session volume of 418,482 shares. The stock had previously closed at GBX 2.95 ($0.04).

Mobile Tornado Group Stock Performance

The firm has a market cap of £11.40 million, a P/E ratio of -10.50 and a beta of 1.73. The stock’s 50 day simple moving average is GBX 0.89 and its 200 day simple moving average is GBX 0.89.

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.