Mobile-health Network Solutions (NASDAQ:MNDR) Shares Down 2.7% – Should You Sell?

Shares of Mobile-health Network Solutions (NASDAQ:MNDR) fell 2.7% on Thursday . The company traded as low as $1.07 and last traded at $1.08. 71,180 shares changed hands during 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 Stock Performance

The business has a 50-day moving average price of $1.34 and a two-hundred day moving average price of $2.05.

Institutional Investors Weigh In On Mobile-health Network Solutions

An institutional investor recently bought a new position in Mobile-health Network Solutions stock. Citadel Advisors LLC bought a new position in shares of Mobile-health Network Solutions (NASDAQ:MNDR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 209,972 shares of the company’s stock, valued at approximately $67,000. Citadel Advisors LLC owned about 0.92% of Mobile-health Network Solutions as of its most recent SEC filing.

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.