TomTom (OTCMKTS:TMOAF) Stock Price Down 0.8% – Should You Sell?

TomTom (OTCMKTS:TMOAF)’s stock price was down 0.8% on Tuesday . The stock traded as low as $5.54 and last traded at $5.54. Approximately 168 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 398 shares. The stock had previously closed at $5.59.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded shares of TomTom to a “strong-buy” rating in a report on Monday, October 14th.

TomTom Stock Down 0.8 %

The stock has a 50-day simple moving average of $5.65 and a 200 day simple moving average of $5.49.

TomTom Company Profile

TomTom NV is engaged in the developing of location technology including maps, navigation software, real-time traffic information, and other services. It operates through the following segments: Location Technology and Consumer. The Location Technology segment is involved in the developing and selling of location based application components, such as maps, services and navigation software to customers in different market segments.