MobilityOne (LON:MBO) Shares Up 34.2% – Time to Buy?

MobilityOne Limited (LON:MBO)’s stock price shot up 34.2% during trading on Tuesday . The company traded as high as GBX 11.85 and last traded at GBX 11.74. 2,014,601 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 3,571,444 shares. The stock had previously closed at GBX 8.75.

MobilityOne Price Performance

The company has a quick ratio of 1.12, a current ratio of 0.57 and a debt-to-equity ratio of -577.56. The company has a market cap of £13.95 million, a PE ratio of -4.79 and a beta of 4.06. The stock has a 50-day simple moving average of GBX 6.90 and a 200 day simple moving average of GBX 3.84.

MobilityOne Company Profile

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.