Mobile Tornado Group (LON:MBT) Stock Price Up 0.8% – Here’s Why

Shares of Mobile Tornado Group plc (LON:MBT) shot up 0.8% during mid-day trading on Monday. The stock traded as high as GBX 0.58 and last traded at GBX 0.38. Approximately 1,214,130 shares traded hands during mid-day trading, an increase of 356% from the average daily volume of 266,521 shares. The stock had previously closed at GBX 0.38.

Mobile Tornado Group Price Performance

The company has a debt-to-equity ratio of -69.61, a current ratio of 0.06 and a quick ratio of 0.19. The stock has a 50 day moving average price of GBX 0.38 and a 200-day moving average price of GBX 0.38. The stock has a market capitalization of £1.66 million, a price-to-earnings ratio of -102.16 and a beta of 1.73.

Mobile Tornado Group Company Profile

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. It also provides Workforce Management platform, which offers a suite of tools to manage employees and other organizational assets; MDC5000 Dispatch Console that manages a remote workforce's mission-critical and day-to-day operations; and Recording solution, which enables to record, retrieve, and playback of PTT audio communications through IPRS Recording platform.