Fonix Mobile (LON:FNX) Stock Price Down 0.5% – Here’s Why

Fonix Mobile plc (LON:FNX) traded down 0.5% during mid-day trading on Monday . The stock traded as low as GBX 212 ($2.88) and last traded at GBX 214 ($2.90). 16,522 shares were traded during trading, a decline of 90% from the average session volume of 158,140 shares. The stock had previously closed at GBX 215 ($2.92).

Fonix Mobile Trading Down 0.5%

The company has a current ratio of 1.17, a quick ratio of 1.16 and a debt-to-equity ratio of 2.45. The business has a 50 day moving average price of GBX 214.28 and a 200-day moving average price of GBX 212.95. The firm has a market capitalization of £211.82 million, a PE ratio of 19.83 and a beta of 0.67.

Fonix Mobile (LON:FNX) last released its quarterly earnings data on Tuesday, March 18th. The company reported GBX 6.20 ($0.08) earnings per share (EPS) for the quarter. Fonix Mobile had a return on equity of 101.42% and a net margin of 14.03%. Analysts expect that Fonix Mobile plc will post 10.9108622 earnings per share for the current year.

About Fonix Mobile

Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.