Moatable, Inc. (NYSE:MTBLY – Get Free Report)’s share price rose 5.3% during trading on Wednesday. The stock traded as high as $0.79 and last traded at $0.79. Approximately 100 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 2,170 shares. The stock had previously closed at $0.75.
Moatable Stock Performance
The company’s 50-day moving average is $0.66 and its 200 day moving average is $1.00. The company has a market capitalization of $12.97 million, a PE ratio of -7.90 and a beta of 9.65.
Moatable Company Profile
Moatable, Inc is a technology holding company focused on software-as-a-service businesses serving small and midsize companies. Its principal operating business is Chime Technologies, a provider of technology solutions for the real estate industry.
Chime’s platform combines customer relationship management, lead generation, marketing automation, website and search tools, and transaction-related workflows. These products are designed to help real estate agents, teams and brokerages attract prospective clients, manage relationships and support property transactions through a unified digital platform.
The company was formerly known as Renren, Inc and adopted the Moatable name as it shifted its focus toward software businesses.
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