Mobile Tornado Group (LON:MBT) Stock Price Down 17.5% – Here’s What Happened

Mobile Tornado Group plc (LON:MBT) shares fell 17.5% during mid-day trading on Tuesday . The company traded as low as GBX 0.33 ($0.00) and last traded at GBX 0.33 ($0.00). 871,000 shares were traded during trading, an increase of 275% from the average session volume of 232,071 shares. The stock had previously closed at GBX 0.40 ($0.01).

Mobile Tornado Group Stock Up 12.9%

The company has a current ratio of 0.12, a quick ratio of 0.19 and a debt-to-equity ratio of -70.99. The business has a 50-day moving average price of GBX 1.17 and a 200-day moving average price of GBX 1.27. The firm has a market cap of £1.73 million, a P/E ratio of -1.55 and a beta of 1.73.

Mobile Tornado Group (LON:MBT) last released its quarterly earnings results on Thursday, June 12th. The company reported GBX (0.37) EPS for the quarter. Mobile Tornado Group had a negative net margin of 51.33% and a positive return on equity of 6.79%.

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.