Mobilicom Limited ADR (NASDAQ:MOB) price on Wednesday, December 04, rose 6.87% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.80.
A look at the stock’s price movement, the close in the last trading session was $2.62, moving within a range at $2.44 and $2.95. The beta value (5-Year monthly) was 2.08. Turning to its 52-week performance, $2.85 and $0.71 were the 52-week high and 52-week low respectively. Overall, MOB moved 97.18% over the past month.
Mobilicom Limited ADR’s market cap currently stands at around $13.50 million, with investors looking forward to this quarter’s earnings report slated for in January.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MOB is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
MOB’s current price about 79.24% and 103.55% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 90.68, while 7-day volatility ratio is 27.57% and 10.39% in the 30-day chart. Further, Mobilicom Limited ADR (MOB) has a beta value of 2.18, and an average true range (ATR) of 0.23.
If we refocus on Mobilicom Limited ADR (NASDAQ:MOB), historical trading data shows that trading volumes averaged 1.19 over the past 10 days and 243.07K over the past 3 months. The company’s latest data on shares outstanding shows there are 6.35 million shares.
Also important is the data on short interest which shows that short shares stood at 0.53 million on 2024-11-15, giving us a short ratio of 6.9. The data shows that as of 2024-11-15 short interest in Mobilicom Limited ADR (MOB) stood at 864.0 of shares outstanding, with shares short rising to 0.46 million registered in 2024-10-15. Current price change has pushed the stock 44.33% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MOB stock continues to rise going into the next quarter.
