Mobecom (ASX:MBM) Shares Up 9.7%

Mobecom Ltd (ASX:MBM)’s stock price shot up 9.7% during mid-day trading on Friday . The company traded as high as A$0.07 ($0.05) and last traded at A$0.07 ($0.05). 93,500 shares changed hands during trading, an increase of 16% from the average session volume of 80,358 shares. The stock had previously closed at A$0.06 ($0.04).

The firm has a market cap of $17.21 million and a PE ratio of -1.84. The company has a current ratio of 0.39, a quick ratio of 0.38 and a debt-to-equity ratio of 132.21. The company’s 50-day moving average is A$0.07.

Mobecom Company Profile (ASX:MBM)

Mobecom Limited provides customer engagement technology that delivers end-to-end technology solutions for businesses to engage with their customers. Its primary offering, airBux, is a digital currency platform that provides ‘liquidity for loyalty'. airBux is a direct to consumer mobile application offering, with a cloud-based currency at its core.

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