Mobilicom (NASDAQ:MOBBW) Stock Price Down 0.7% – Here’s What Happened

Mobilicom Limited (NASDAQ:MOBBWGet Free Report) was down 0.7% during mid-day trading on Friday . The company traded as low as $3.00 and last traded at $2.99. Approximately 1,054 shares traded hands during trading, a decline of 95% from the average daily volume of 19,607 shares. The stock had previously closed at $3.01.

Mobilicom Stock Performance

The firm’s fifty day simple moving average is $2.90 and its 200 day simple moving average is $2.08.

Mobilicom Company Profile

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Mobilicom Ltd. (NASDAQ:MOBBW) is a technology company specializing in secure, mission-critical communications and cybersecurity solutions for edge and IoT applications. The company’s end-to-end hardware and software platform delivers encrypted, low-latency voice, video and data connectivity across multi-network topologies, enabling real-time situational awareness in remote and contested environments. Mobilicom’s product portfolio includes edge cyber protection modules, mesh-network communication nodes and command-and-control software for unmanned systems and other field-deployed assets.

Mobilicom’s solutions support a range of applications such as unmanned aerial vehicles (UAVs), autonomous ground vehicles, industrial robotics and critical infrastructure monitoring.

Further Reading

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