Mobivity (OTCMKTS:MFON) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Mobivity Holdings Corp. (OTCMKTS:MFONGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.20 and traded as low as $0.0867. Mobivity shares last traded at $0.0867, with a volume of 1,333 shares trading hands.

Mobivity Trading Down 6.8%

The company has a fifty day moving average of $0.13 and a 200-day moving average of $0.20. The stock has a market cap of $6.41 million, a PE ratio of -0.72 and a beta of -0.22.

Mobivity (OTCMKTS:MFONGet Free Report) last released its earnings results on Monday, December 29th. The technology company reported ($0.04) earnings per share for the quarter. The business had revenue of $0.85 million during the quarter.

About Mobivity

(Get Free Report)

Mobivity Holdings Corp operates as a provider of digital engagement and marketing solutions designed to enhance customer loyalty and drive in-store purchases for retailers, restaurants and service providers. At the heart of its offering is a cloud-based platform that delivers targeted promotions, digital coupons, text campaigns and loyalty rewards directly to consumers’ smartphones. By integrating with point-of-sale systems and loyalty programs, Mobivity enables businesses to personalize outreach in real time, improve customer experiences and capture valuable first-party data.

The company’s primary products include its mobile engagement suite and in-venue digital signage solutions.

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