MobilityOne (LON:MBO) Trading Down 8.1% – Here’s Why

Shares of MobilityOne Limited (LON:MBO) dropped 8.1% on Friday . The stock traded as low as GBX 1.70 ($0.02) and last traded at GBX 1.70 ($0.02). Approximately 55,000 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 95,455 shares. The stock had previously closed at GBX 1.85 ($0.03).

MobilityOne Stock Performance

The firm has a market cap of £1.70 million, a price-to-earnings ratio of -0.55 and a beta of 2.45. The company has a quick ratio of 1.12, a current ratio of 0.63 and a debt-to-equity ratio of 432.56. The stock has a fifty day moving average price of GBX 1.79 and a 200-day moving average price of GBX 2.18.

About MobilityOne

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.