Mobilicom (NASDAQ:MOB) Rating Lowered to Sell at Wall Street Zen

Mobilicom (NASDAQ:MOB) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Mobilicom Stock Performance

NASDAQ MOB opened at $5.87 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 10.15 and a current ratio of 10.77. Mobilicom has a 1 year low of $4.15 and a 1 year high of $11.02. The company has a fifty day moving average of $5.34 and a two-hundred day moving average of $5.66.

Mobilicom (NASDAQ:MOB) last posted its earnings results on Thursday, August 13th. The company reported ($0.27) EPS for the quarter. The firm had revenue of $0.86 million during the quarter. On average, equities analysts anticipate that Mobilicom will post -0.36 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MOB. Bank of America Corp DE purchased a new stake in Mobilicom in the third quarter valued at approximately $78,000. JPMorgan Chase & Co. purchased a new position in shares of Mobilicom during the third quarter worth approximately $91,000. Jane Street Group LLC grew its position in shares of Mobilicom by 20.0% during the fourth quarter. Jane Street Group LLC now owns 62,001 shares of the company’s stock worth $378,000 after acquiring an additional 10,344 shares during the last quarter. Two Sigma Investments LP acquired a new position in shares of Mobilicom in the 3rd quarter valued at $118,000. Finally, Scientech Research LLC acquired a new position in shares of Mobilicom in the 3rd quarter valued at $138,000. Institutional investors and hedge funds own 13.56% of the company’s stock.

Mobilicom Company Profile

Mobilicom Ltd. (NASDAQ: MOB) is an Israel-based technology company specializing in secure communications, cybersecurity and edge computing solutions for unmanned systems, ground vehicles and critical assets. The company’s core platform integrates advanced encryption, artificial intelligence and resilient networking capabilities to protect data and command-and-control links in contested or degraded environments.

The company’s flagship offerings include AerialGuard, a turnkey cyber-hardened communications suite for unmanned aerial vehicles (UAVs); VehicularGuard, designed to secure vehicle-to-everything (V2X) communications in ground systems; and MissionCore, a software-defined command-and-control framework that delivers real-time situational awareness and autonomous decision support.