MobilityOne (LON:MBO) Stock Falls 17.4% – Here’s What Happened

MobilityOne Limited (LON:MBO)’s share price was down 17.4% on Tuesday. The stock traded as low as GBX 7.50 and last traded at GBX 7.85. Approximately 2,084,725 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 2,668,027 shares. The stock had previously closed at GBX 9.50.

MobilityOne Stock Performance

The stock has a market cap of £8.69 million, a P/E ratio of -1.78 and a beta of 2.77. The company has a quick ratio of 1.12, a current ratio of 0.50 and a debt-to-equity ratio of -129.40. The business has a 50 day moving average price of GBX 7.98 and a two-hundred day moving average price of GBX 7.75.

MobilityOne (LON:MBO) last issued its earnings results on Tuesday, September 29th. The company reported GBX (4.58) earnings per share (EPS) for the quarter. MobilityOne had a negative net margin of 2.06% and a positive return on equity of 89.26%.

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.