MobilityOne (LON:MBO) Stock Price Up 15.5% – Here’s Why

MobilityOne Limited (LON:MBO)’s share price shot up 15.5% on Wednesday . The company traded as high as GBX 6.35 and last traded at GBX 6.35. 325,352 shares were traded during mid-day trading, a decline of 94% from the average session volume of 5,400,817 shares. The stock had previously closed at GBX 5.50.

MobilityOne Stock Performance

The stock has a market cap of £6.56 million, a PE ratio of -2.25 and a beta of 2.45. The company has a debt-to-equity ratio of 432.56, a current ratio of 0.63 and a quick ratio of 1.12. The stock has a 50-day simple moving average of GBX 4.30 and a 200-day simple moving average of GBX 2.18.

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.