MobilityOne (LON:MBO) Shares Down 11.7% – Here’s What Happened

MobilityOne Limited (LON:MBO)’s stock price traded down 11.7% during mid-day trading on Wednesday. The company traded as low as GBX 7.25 and last traded at GBX 9.10. 3,944,927 shares changed hands during trading, an increase of 47% from the average session volume of 2,682,534 shares. The stock had previously closed at GBX 10.30.

MobilityOne Stock Down 11.7%

The firm has a 50-day moving average price of GBX 7.71 and a 200 day moving average price of GBX 8.05. The company has a debt-to-equity ratio of -153.54, a current ratio of 0.57 and a quick ratio of 1.12. The company has a market cap of £9.67 million, a price-to-earnings ratio of -1.99 and a beta of 2.77.

MobilityOne (LON:MBO) last released its quarterly earnings results on Tuesday, September 29th. The company reported GBX (4.58) earnings per share for the quarter. MobilityOne had a positive return on equity of 157.98% and a negative net margin of 2.06%.

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.