Mobiquity Technologies (NASDAQ:MOBQ) Stock Price Down 5.8% – Here’s Why

Mobiquity Technologies, Inc. (NASDAQ:MOBQGet Free Report) shares were down 5.8% during trading on Thursday . The stock traded as low as $0.6270 and last traded at $0.6777. Approximately 16,564 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 74,549 shares. The stock had previously closed at $0.7198.

Mobiquity Technologies Stock Down 5.8%

The company has a 50 day simple moving average of $0.82 and a two-hundred day simple moving average of $0.89. The company has a market capitalization of $19.41 million, a P/E ratio of -0.61 and a beta of 1.89.

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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