MobilityOne (LON:MBO) Shares Up 114.3% – Still a Buy?

Shares of MobilityOne Limited (LON:MBO) were up 114.3% on Tuesday . The company traded as high as GBX 10.50 and last traded at GBX 7.50. Approximately 26,668,020 shares changed hands during trading, an increase of 16% from the average daily volume of 22,954,258 shares. The stock had previously closed at GBX 3.50.

MobilityOne Price Performance

The business has a 50-day moving average price of GBX 1.13 and a two-hundred day moving average price of GBX 1.14. The company has a quick ratio of 1.12, a current ratio of 0.63 and a debt-to-equity ratio of 432.56. The company has a market capitalization of £10.26 million, a price-to-earnings ratio of -3.52 and a beta of 2.45.

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.