TomTom (OTCMKTS:TMOAF) Stock Price Down 19.7% – Time to Sell?

Shares of TomTom (OTCMKTS:TMOAFGet Free Report) dropped 19.7% during mid-day trading on Monday . The stock traded as low as $5.70 and last traded at $5.70. Approximately 281 shares changed hands during trading, a decline of 70% from the average daily volume of 942 shares. The stock had previously closed at $7.10.

TomTom Stock Performance

The stock has a 50-day moving average price of $6.62 and a 200 day moving average price of $5.90.

TomTom (OTCMKTS:TMOAFGet Free Report) last announced its earnings results on Tuesday, October 14th. The company reported $0.08 earnings per share for the quarter. The business had revenue of $159.99 million for the quarter.

About TomTom

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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.

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