MobilityOne (LON:MBO) Stock Price Up 15.5% – Here’s What Happened

Shares of MobilityOne Limited (LON:MBO) were up 15.5% during trading on Wednesday . The stock traded as high as GBX 6.35 and last traded at GBX 6.35. Approximately 325,352 shares were traded during trading, a decline of 94% from the average daily volume of 5,400,817 shares. The stock had previously closed at GBX 5.50.

MobilityOne Stock Up 16.4%

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 company has a market capitalization of £6.80 million, a PE ratio of -2.34 and a beta of 2.45. The firm has a 50-day moving average of GBX 4.06 and a two-hundred day moving average of GBX 2.12.

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.