TomTom (OTCMKTS:TMOAF – Get Free Report) shot up 38.6% on Friday . The company traded as high as $7.90 and last traded at $7.90. 962 shares traded hands during mid-day trading, an increase of 8% from the average session volume of 890 shares. The stock had previously closed at $5.70.
TomTom Stock Performance
The stock has a 50-day moving average of $6.32 and a 200-day moving average of $6.18.
TomTom (OTCMKTS:TMOAF – Get Free Report) last announced its quarterly earnings data on Tuesday, October 14th. The company reported $0.08 earnings per share for the quarter. The company had revenue of $159.99 million during the quarter.
About TomTom
TomTom NV is a Netherlands-based technology company specializing in navigation, mapping and location-based services for consumer, automotive and enterprise customers. The company’s core offerings include digital map content, real-time traffic information and software solutions for advanced driver assistance systems (ADAS), telematics and fleet management. TomTom’s consumer division also produces portable GPS devices, sports watches and mobile applications, catering to individual users seeking personal navigation solutions.
Founded in 1991 by Peter-Frans Pauwels, Pieter Geelen, Harold Goddijn and Corinne Vigreux, TomTom introduced its first consumer navigation device in 2004 and expanded its footprint through the acquisition of map provider Tele Atlas in 2008.
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