Mobile Tornado Group (LON:MBT) Trading 11.1% Higher – Still a Buy?

Mobile Tornado Group plc (LON:MBTGet Free Report)’s stock price was up 11.1% during mid-day trading on Monday . The stock traded as high as GBX 1.72 ($0.02) and last traded at GBX 1.72 ($0.02). Approximately 9,326 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 322,913 shares. The stock had previously closed at GBX 1.55 ($0.02).

Mobile Tornado Group Stock Performance

The stock has a fifty day moving average price of GBX 1.32 and a 200 day moving average price of GBX 1.58. The stock has a market cap of £7.19 million, a PE ratio of -10.50 and a beta of 1.73.

Insider Activity

In other news, insider Luke Wilkinson acquired 680,000 shares of Mobile Tornado Group stock in a transaction that occurred on Thursday, October 10th. The shares were bought at an average cost of GBX 1 ($0.01) per share, with a total value of £6,800 ($8,851.86). Insiders own 70.63% of the company’s stock.

Mobile Tornado Group Company Profile

(Get Free Report)

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.

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