MobilityOne (LON:MBO) Stock Price Up 50% – Here’s What Happened

MobilityOne Limited (LON:MBO)’s stock price shot up 50% during mid-day trading on Friday . The company traded as high as GBX 1.35 ($0.02) and last traded at GBX 1.35 ($0.02). 416,492 shares were traded during mid-day trading, an increase of 379% from the average session volume of 86,903 shares. The stock had previously closed at GBX 0.90 ($0.01).

MobilityOne Price Performance

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 company’s 50-day moving average is GBX 1.03 and its 200-day moving average is GBX 1.53. The firm has a market capitalization of £1.07 million, a price-to-earnings ratio of -31.15 and a beta of 2.45.

MobilityOne (LON:MBO) last posted its earnings results on Friday, September 26th. The company reported GBX (1.07) EPS for the quarter. MobilityOne had a negative net margin of 1.34% and a negative return on equity of 127.34%.

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.