Mobiquity Technologies (NASDAQ:MOBQ) Shares Down 5.2% – Here’s What Happened

Mobiquity Technologies, Inc. (NASDAQ:MOBQ)’s stock price traded down 5.2% during mid-day trading on Tuesday . The stock traded as low as $3.30 and last traded at $3.40. 13,795 shares were traded during mid-day trading, a decline of 32% from the average session volume of 20,326 shares. The stock had previously closed at $3.59.

Mobiquity Technologies Price Performance

The stock has a market cap of $59.19 million, a P/E ratio of -3.04 and a beta of 1.33. The business’s 50 day simple moving average is $3.31 and its 200 day simple moving average is $2.73.

Mobiquity Technologies Company Profile

Mobiquity Technologies, Inc, together with its subsidiaries, operates as an advertising technology, data compliance, and intelligence company in the United States. It provides advertising technology operating system platform comprising adserver, demand side platform, advertisement quality tools, analytics dashboard, avails engine, advertisement prediction and delivery tools, supply quality tools, private marketplace tools, audience and location targeting, wrap up reports, an advertisement software development kit, prebid adaptor, contextual targeting, identity graph capabilities, cookie syncing, and the updated version of a quality and security tools that blends artificial intelligence and machine learning-based optimization technology which automatically serves advertising and manages digital advertising inventory and campaigns.