Mobilicom (NASDAQ:MOBBW) Stock Price Up 9.6% – Still a Buy?

Mobilicom Limited (NASDAQ:MOBBWGet Free Report) rose 9.6% during trading on Wednesday . The stock traded as high as $2.74 and last traded at $2.74. Approximately 6,776 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 20,718 shares. The stock had previously closed at $2.50.

Mobilicom Stock Performance

The company’s 50 day moving average is $3.19 and its 200 day moving average is $1.74.

About Mobilicom

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Mobilicom Limited operates as an end-to-end provider of cybersecurity and smart solutions for drones, robotics, and autonomous platforms. It designs, develops, and delivers smart solutions, such as cloud management software, communication datalink and mobile mesh networking terminals, handheld control terminals, and professional services and support for drone, robotics, and autonomous system manufacturers, as well as hardware products and software solutions.

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