Mobiquity Technologies (NASDAQ:MOBQ) Shares Down 18.9% – Here’s What Happened

Mobiquity Technologies, Inc. (NASDAQ:MOBQGet Free Report)’s stock price fell 18.9% during mid-day trading on Tuesday . The company traded as low as $0.55 and last traded at $0.5510. 35,406 shares traded hands during trading, a decline of 43% from the average session volume of 62,520 shares. The stock had previously closed at $0.6796.

Mobiquity Technologies Stock Up 4.7%

The company has a market capitalization of $21.91 million, a price-to-earnings ratio of -0.61 and a beta of 1.93. The stock’s 50-day simple moving average is $0.73 and its two-hundred day simple moving average is $0.82.

About Mobiquity Technologies

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Mobiquity Technologies, Inc (NASDAQ: MOBQ) is a digital consultancy specializing in the design and implementation of enterprise-grade digital experiences. The company partners with global brands to develop tailored web, mobile and connected-device solutions, focusing on seamless experiences that span e-commerce, customer engagement and digital business processes. Core offerings include digital strategy, user experience and visual design, software development and ongoing managed services.

Leveraging a combination of agile methodologies and industry best practices, Mobiquity delivers end-to-end digital transformation programs.

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