Mobile-health Network Solutions (NASDAQ:MNDR) Trading Down 2.7% – Here’s Why

Mobile-health Network Solutions (NASDAQ:MNDR) shares traded down 2.7% on Thursday . The stock traded as low as $1.07 and last traded at $1.08. 71,180 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 373,383 shares. The stock had previously closed at $1.11.

Mobile-health Network Solutions Price Performance

The company’s 50-day moving average price is $1.34 and its two-hundred day moving average price is $2.05.

Hedge Funds Weigh In On Mobile-health Network Solutions

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. Citadel Advisors LLC acquired a new stake in Mobile-health Network Solutions (NASDAQ:MNDR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 209,972 shares of the company’s stock, valued at approximately $67,000. Citadel Advisors LLC owned 0.92% of Mobile-health Network Solutions at the end of the most recent reporting period.

Mobile-health Network Solutions Company Profile

Mobile-health Network Solutions, an investment holding company, provides telehealth solutions in Singapore. The company operates in two segments, Telemedicine and Other Services, and Sale of Medicine and Medical Devices. It offers MaNaDr platform, a 360-degree healthcare ecosystem, which connects users and service providers through the range of healthcare services and product offerings that can be accessed through the mobile application and website.