MobilityOne (LON:MBO) Trading 23.5% Higher – Should You Buy?

MobilityOne Limited (LON:MBO) shares rose 23.5% during trading on Monday . The stock traded as high as GBX 2.39 ($0.03) and last traded at GBX 2.39 ($0.03). Approximately 260,706 shares traded hands during trading, an increase of 331% from the average daily volume of 60,439 shares. The stock had previously closed at GBX 1.94 ($0.02).

MobilityOne Price Performance

The stock has a 50-day moving average price of GBX 2.14 and a two-hundred day moving average price of GBX 2.99. The company has a current ratio of 0.63, a quick ratio of 1.12 and a debt-to-equity ratio of 437.30. The stock has a market cap of £2.39 million, a price-to-earnings ratio of -75.03 and a beta of 2.45.

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.