MobilityOne (LON:MBO) Stock Price Up 23.5% – Still a 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 were traded 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 Trading Down 11.1 %

The company has a market capitalization of £2.13 million, a P/E ratio of -66.67 and a beta of 2.45. The company has a debt-to-equity ratio of 437.30, a current ratio of 0.63 and a quick ratio of 1.12. The company has a fifty day simple moving average of GBX 2.13 and a two-hundred day simple moving average of GBX 2.97.

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.