Mobilicom Limited ADR (NASDAQ:MOB) shares, rose in value on Thursday, December 12, with the stock price up by 5.05% to the previous day’s close as strong demand from buyers drove the stock to $2.91.
Actively observing the price movement in the last trading, the stock closed the session at $2.77, falling within a range of $2.6 and $3.04. The value of beta (5-year monthly) was 2.08. Referring to stock’s 52-week performance, its high was $3.01, and the low was $0.71. On the whole, MOB has fluctuated by 118.80% over the past month.
With the market capitalization of Mobilicom Limited ADR currently standing at about $14.03 million, investors are eagerly awaiting this quarter’s results, scheduled for in January.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MOB’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of MOB currently trading nearly 52.48% and 88.27% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 72.99, while the 7-day volatility ratio is showing 21.81% which for the 30-day chart, stands at 15.53%. Furthermore, Mobilicom Limited ADR (MOB)’s beta value is 2.21, and its average true range (ATR) is 0.34.
A comparison of Mobilicom Limited ADR (MOB) with its peers suggests the former has fared considerably weaker in the market. MOB showed an intraday change of 5.05% in last session, and over the past year, it grew by 67.24%%.
Data on historical trading for Mobilicom Limited ADR (NASDAQ:MOB) indicates that the trading volumes over the past 10 days have averaged 1.67 and over the past 3 months, they’ve averaged 323.28K. According to company’s latest data on outstanding shares, there are 6.35 million shares outstanding.
Mobilicom Limited ADR’s shares belong to company insiders and institutional investors own 12.25% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.53 million shares as on 2024-11-29, resulting in a short ratio of 5.2. According to the data, the short interest in Mobilicom Limited ADR (MOB) stood at 870.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 0.52 million. The stock has risen by 50.00% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MOB stock heading into the next quarter.
