SOBR Safe (OTCMKTS:SOBR) Trading 7.4% Higher

SOBR Safe, Inc. (OTCMKTS:SOBRGet Rating)’s stock price rose 7.4% on Monday . The stock traded as high as $1.41 and last traded at $1.30. Approximately 2,118,225 shares were traded during trading, an increase of 23% from the average daily volume of 1,717,746 shares. The stock had previously closed at $1.21.

SOBR Safe Trading Up 7.4 %

The stock has a market cap of $14.27 million, a P/E ratio of -1.14 and a beta of 1.58. The business’s fifty day simple moving average is $2.35 and its 200 day simple moving average is $1.78.

Insider Buying and Selling at SOBR Safe

In other SOBR Safe news, Director J. Steven Beabout bought 28,304 shares of the stock in a transaction dated Thursday, August 25th. The shares were bought at an average cost of $1.14 per share, with a total value of $32,266.56. Following the completion of the acquisition, the director now owns 323,736 shares of the company’s stock, valued at $369,059.04. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Institutional Investors Weigh In On SOBR Safe

Hedge funds have recently made changes to their positions in the business. Walleye Capital LLC purchased a new stake in SOBR Safe in the second quarter worth $164,000. UBS Group AG boosted its stake in shares of SOBR Safe by 608.8% in the third quarter. UBS Group AG now owns 21,881 shares of the company’s stock worth $59,000 after acquiring an additional 18,794 shares during the period. Jane Street Group LLC bought a new position in shares of SOBR Safe in the second quarter worth about $33,000. Empery Asset Management LP bought a new position in shares of SOBR Safe in the third quarter worth about $666,000. Finally, Armistice Capital LLC bought a new position in shares of SOBR Safe in the third quarter worth about $3,350,000. 2.28% of the stock is currently owned by institutional investors.

SOBR Safe Company Profile

(Get Rating)

SOBR Safe, Inc develops non-invasive alcohol detection and identity verification systems. The company offers SOBRcheck, a stationary identification and alcohol monitoring product; SOBRsure, a transdermal, alcohol-detecting wearable band; and SOBRSafe software platform for non-invasive alcohol detection and identity verification.

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