The stock of Micromobility.com Inc. (MCOM) has gone down by -1.67% for the week, with a -16.71% drop in the past month and a -64.15% drop in the past quarter. The volatility ratio for the week is 11.86%, and the volatility levels for the past 30 days are 17.95% for MCOM. The simple moving average for the past 20 days is 1.67% for MCOM’s stock, with a -98.20% simple moving average for the past 200 days.
Is It Worth Investing in Micromobility.com Inc. (NASDAQ: MCOM) Right Now?
Moreover, the 36-month beta value for MCOM is 0.44. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for MCOM is 140.65M and currently, short sellers hold a 13.63% of that float. On September 15, 2023, MCOM’s average trading volume was 22.73M shares.
MCOM) stock’s latest price update
The stock of Micromobility.com Inc. (NASDAQ: MCOM) has decreased by -0.70 when compared to last closing price of 0.07.Despite this, the company has seen a loss of -1.67% in its stock price over the last five trading days. Seeking Alpha reported 2023-08-17 that Micromobility.com Inc. (NASDAQ:MCOM ) Q2 2023 Results Conference Call August 14, 2023 5:30 PM ET Company Participants Gary Dvorchak – MD, The Blueshirt Group Salvatore Palella – Founder and CEO Giulio Profumo – CFO Operator Thank you for standing by, and welcome to the micromobility.com Inc. Second Quarter 2023 Earnings Conference Call. As a reminder, today’s program will be recorded.
MCOM Trading at -12.88% from the 50-Day Moving Average
After a stumble in the market that brought MCOM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.76% of loss for the given period.
Volatility was left at 17.95%, however, over the last 30 days, the volatility rate increased by 11.86%, as shares surge +0.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.31% lower at present.
During the last 5 trading sessions, MCOM fell by -1.94%, which changed the moving average for the period of 200-days by -99.48% in comparison to the 20-day moving average, which settled at $0.0697. In addition, Micromobility.com Inc. saw -98.91% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MCOM starting from Palella Salvatore, who purchase 15,722 shares at the price of $0.69 back on May 10. After this action, Palella Salvatore now owns 240,301 shares of Micromobility.com Inc., valued at $10,845 using the latest closing price.
Stock Fundamentals for MCOM
Equity return is now at value 217.30, with -331.80 for asset returns.
Conclusion
To wrap up, the performance of Micromobility.com Inc. (MCOM) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
