MobilityOne (LON:MBO) Shares Down 5.3% – Time to Sell?

MobilityOne Limited (LON:MBO)’s share price dropped 5.3% during mid-day trading on Tuesday . The stock traded as low as GBX 1.80 ($0.02) and last traded at GBX 1.80 ($0.02). Approximately 7,811 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 99,126 shares. The stock had previously closed at GBX 1.90 ($0.03).

MobilityOne Stock Down 5.3%

The firm’s fifty day moving average price is GBX 1.76 and its 200-day moving average price is GBX 2.22. The company has a debt-to-equity ratio of 432.56, a current ratio of 0.63 and a quick ratio of 1.12. The firm has a market capitalization of £1.91 million, a P/E ratio of -0.62 and a beta of 2.45.

About MobilityOne

MobilityOne Limited, an investment holding company, provides e-commerce infrastructure payment solutions and platforms through its proprietary technology solutions in Malaysia. It operates through two segments, Telecommunication Services and Electronic Commerce Solutions; and Hardware. The company offers payment terminals for retailers, which enables bill payments, mobile and e-games top-ups, loan repayments, credit and ATM card payments, cashbacks, and e-wallets payments; mobile payment applications; and payment solution products and services, such as bill and loan collection, e-voucher distribution, local and federal government payment, and other recurring payment services for corporates.