MobilityOne (LON:MBO) Shares Down 17.4% – Here’s Why

MobilityOne Limited (LON:MBO)’s stock price traded down 17.4% during mid-day trading on Tuesday. The company traded as low as GBX 7.50 and last traded at GBX 7.85. Approximately 2,084,725 shares changed hands during trading, a decline of 22% from the average session volume of 2,668,027 shares. The stock had previously closed at GBX 9.50.

MobilityOne Trading Down 18.4%

The company has a quick ratio of 1.12, a current ratio of 0.50 and a debt-to-equity ratio of -129.40. The stock has a market capitalization of £8.24 million, a P/E ratio of -1.69 and a beta of 2.77. The firm’s 50-day simple moving average is GBX 7.86 and its 200 day simple moving average is GBX 7.75.

MobilityOne (LON:MBO) last released its earnings results on Tuesday, September 29th. The company reported GBX (4.58) EPS for the quarter. MobilityOne had a positive return on equity of 89.26% 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.