Mobiquity Technologies (NASDAQ:MOBQ) Shares Down 4.8% – What’s Next?

Shares of Mobiquity Technologies, Inc. (NASDAQ:MOBQ) dropped 4.8% during trading on Friday . The stock traded as low as $2.71 and last traded at $3.00. Approximately 22,980 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 29,966 shares. The stock had previously closed at $3.15.

Mobiquity Technologies Stock Down 4.8 %

The company’s 50 day moving average is $3.16 and its 200 day moving average is $3.08. The firm has a market capitalization of $58.13 million, a price-to-earnings ratio of -2.68 and a beta of 1.35.

Mobiquity Technologies Company Profile

Mobiquity Technologies, Inc, together with its subsidiaries, operates as an advertising technology, data compliance, and intelligence company in the United States. It provides advertising technology operating system platform comprising adserver, demand side platform, advertisement quality tools, analytics dashboard, avails engine, advertisement prediction and delivery tools, supply quality tools, private marketplace tools, audience and location targeting, wrap up reports, an advertisement software development kit, prebid adaptor, contextual targeting, identity graph capabilities, cookie syncing, and the updated version of a quality and security tools that blends artificial intelligence and machine learning-based optimization technology which automatically serves advertising and manages digital advertising inventory and campaigns.