Mobivity (OTCMKTS:MFON) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Mobivity Holdings Corp. (OTCMKTS:MFONGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.22 and traded as low as $0.11. Mobivity shares last traded at $0.11, with a volume of 200 shares traded.

Mobivity Price Performance

The stock has a 50-day moving average price of $0.18 and a 200-day moving average price of $0.22. The company has a market capitalization of $8.14 million, a price-to-earnings ratio of -0.92 and a beta of -0.18.

Mobivity (OTCMKTS:MFONGet Free Report) last posted its quarterly earnings results on Monday, December 29th. The technology company reported ($0.04) earnings per share for the quarter. The company had revenue of $0.85 million during the quarter.

About Mobivity

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Mobivity Holdings Corp operates as a provider of digital engagement and marketing solutions designed to enhance customer loyalty and drive in-store purchases for retailers, restaurants and service providers. At the heart of its offering is a cloud-based platform that delivers targeted promotions, digital coupons, text campaigns and loyalty rewards directly to consumers’ smartphones. By integrating with point-of-sale systems and loyalty programs, Mobivity enables businesses to personalize outreach in real time, improve customer experiences and capture valuable first-party data.

The company’s primary products include its mobile engagement suite and in-venue digital signage solutions.

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