At the last check on Friday, Mobiquity Technologies Inc.’s (NASDAQ:MOBQ) stock was up $0.36, moving up 23.08 percent to $1.92. The average number of shares traded per day over the past five days has been 2,337,413 shares. 4 times new highs have been achieved over the past 5 days, with a $0.6800 gain in that time frame. In the last twenty days, the average volume was 610,053, while in the previous 50 days, it was 361,007.
Since last month, MOBQ stock retreated -1.89%. Shares of the company fell to $0.9000 on 07/27/22, the lowest level in the past month. A 52-week high of $9.50 was reached on 01/19/22 after having rallying from a 52-week low of $0.63. Since the beginning of this year, MOBQ’s stock price has dropped by -26.76% or $0.0300, and marked a new high 3 times. However, the stock has declined by -79.79% since its 52-week high.
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In the recent quarter, Mobiquity Technologies Inc.’s quick ratio stood at 1.80, while its current ratio was 1.80, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 50.90% percent. Based on annual data, MOBQ earned $0.72 million in gross profit and brought in $2.67 million in revenue.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. MOBQ’s revenue rose 4866.67% to $0.57 million during the quarter, while net income inched up to $30000.0. During the quarter, the company generated -$2.14 million in EBITDA. The liabilities of Mobiquity Technologies Inc. were 2.52 million at the end of its most recent quarter, and its total debt was $0.78 million. The value of shareholders’ equity is $7.95 million.
This quick technical analysis looks at Mobiquity Technologies Inc.’s (MOBQ) price momentum. With a historical volatility rate of 204.81%, the RSI 9-day stood at 77.84% on 04 August.
With respect to its five-day moving average, the current Mobiquity Technologies Inc. price is up by +45.95% percent or $0.6800. At present, MOBQ shares trade +51.05% above its 20-day simple moving average and +56.52% percent above its 100-day simple moving average. However, the stock is currently trading approximately +127.37% above its SMA50 and -70.21% below its SMA200.
Stochastic coefficient K was 83.78% and Stochastic coefficient D was 89.99%, while ATR was 0.2562. Given the Stochastic reading of 81.82% for the 14-day period, the RSI (14) reading has been calculated as 72.99%. As of today, the MACD Oscillator reading stands at 0.2799, while the 14-day reading stands at 0.3690.
Mobiquity Technologies Inc. (MOBQ) has been rated Buy by analysts. According to 0 brokerage firms, MOBQ is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Mobiquity Technologies Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $5.30, the current consensus forecast for the stock is $5.30 – $5.30. Based on these forecasts, analysts predict Mobiquity Technologies Inc. (MOBQ) will achieve an average price target of $5.30.