Mobile Tornado Group (LON:MBT) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Mobile Tornado Group plc (LON:MBT) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.49 and traded as high as GBX 0.59. Mobile Tornado Group shares last traded at GBX 0.38, with a volume of 1,214,130 shares changing hands.

Mobile Tornado Group Stock Performance

The stock has a market cap of £1.66 million, a price-to-earnings ratio of -102.16 and a beta of 1.73. The company has a debt-to-equity ratio of -70.99, a current ratio of 0.12 and a quick ratio of 0.19. The business’s 50 day moving average is GBX 0.38 and its 200 day moving average is GBX 0.49.

About Mobile Tornado Group

Mobile Tornado Group plc provides instant communication mobile applications in the United Kingdom and internationally. The company offers Push-to-Talk solution (PTT) that provides one-to-one calls or broadcast to a large group with a single push of a button; and PTT Mobile Device Management provides secure communications, and prevents end-users from changing device configuration, or change device settings. It also provides Workforce Management platform, which offers a suite of tools to manage employees and other organizational assets; MDC5000 Dispatch Console that manages a remote workforce's mission-critical and day-to-day operations; and Recording solution, which enables to record, retrieve, and playback of PTT audio communications through IPRS Recording platform.