TomTom (OTCMKTS:TMOAF – Get Free Report) shares shot up 38.6% on Friday . The stock traded as high as $7.90 and last traded at $7.90. 962 shares changed 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 Trading Up 38.6%
The stock’s 50-day moving average price is $6.32 and its 200-day moving average price is $6.19.
TomTom (OTCMKTS:TMOAF – Get Free Report) last posted its quarterly earnings results on Tuesday, October 14th. The company reported $0.08 earnings per share for the quarter. The firm had revenue of $159.99 million for the quarter.
TomTom Company Profile
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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