Mobivity (OTCMKTS:MFON) Stock Price Passes Below Fifty Day Moving Average – Here’s Why

Mobivity Holdings Corp. (OTCMKTS:MFONGet Free Report)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.06 and traded as low as $0.0350. Mobivity shares last traded at $0.0350, with a volume of 86,800 shares.

Mobivity Stock Down 39.1%

The business’s 50 day moving average price is $0.06 and its 200-day moving average price is $0.09. The company has a market cap of $2.59 million, a PE ratio of -0.29 and a beta of 0.73.

About Mobivity

(Get Free Report)

Mobivity Holdings Corp operates as a provider of digital engagement and marketing solutions designed to enhance customer loyalty and drive in-store purchases for retailers, restaurants and service providers. At the heart of its offering is a cloud-based platform that delivers targeted promotions, digital coupons, text campaigns and loyalty rewards directly to consumers’ smartphones. By integrating with point-of-sale systems and loyalty programs, Mobivity enables businesses to personalize outreach in real time, improve customer experiences and capture valuable first-party data.

The company’s primary products include its mobile engagement suite and in-venue digital signage solutions.

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