Mobile Tornado Group (LON:MBT) Shares Cross Below 200 Day Moving Average – What’s Next?

Mobile Tornado Group plc (LON:MBT) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1.56 ($0.02) and traded as low as GBX 1.30 ($0.02). Mobile Tornado Group shares last traded at GBX 1.30 ($0.02), with a volume of 85,550 shares traded.

Mobile Tornado Group Trading Down 7.1 %

The stock has a market capitalization of £5.43 million, a PE ratio of -10.50 and a beta of 1.73. The firm’s fifty day moving average price is GBX 1.33 and its two-hundred day moving average price is GBX 1.56.

Insider Buying and Selling at Mobile Tornado Group

In other news, insider Luke Wilkinson acquired 680,000 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The stock was purchased at an average price of GBX 1 ($0.01) per share, with a total value of £6,800 ($8,818.57). Insiders own 70.63% of the company’s stock.

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.