Mobivity (OTCMKTS:MFON) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Mobivity Holdings Corp. (OTCMKTS:MFONGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.29 and traded as low as $0.23. Mobivity shares last traded at $0.23, with a volume of 37,412 shares traded.

Mobivity Price Performance

The firm’s 50-day simple moving average is $0.26 and its 200 day simple moving average is $0.29. The firm has a market capitalization of $17.02 million, a price-to-earnings ratio of -1.53 and a beta of 0.34.

Mobivity (OTCMKTS:MFONGet Free Report) last posted its earnings results on Tuesday, September 2nd. The technology company reported ($0.04) EPS for the quarter. The firm had revenue of $0.94 million for the quarter.

About Mobivity

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Mobivity Holdings Corp. engages in developing and operating proprietary platforms to conduct national and localized, and data-driven marketing campaigns in the United States. The company's Recurrency platform unlocks valuable point of sale systems (POS) and mobile data to help transform customer transactions into actionable and attributable marketing insights and power Connected Rewards interactions.

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