Notable Price Action: Sito Mobile Ltd Increases Again; Strong Momentum for Buyers

Notable Price Action: Sito Mobile Ltd Increases Again; Strong Momentum for Buyers

The stock of Sito Mobile Ltd (NASDAQ:SITO) is a huge mover today! The stock increased 2.22% or $0.08 on November 22, hitting $3.68. About 201,332 shares traded hands or 28.08% up from the average. Sito Mobile Ltd (NASDAQ:SITO) has risen 30.91% since April 20, 2016 and is uptrending. It has outperformed by 26.35% the S&P500.
The move comes after 5 months positive chart setup for the $69.89M company. It was reported on Nov, 22 by Barchart.com. We have $3.86 PT which if reached, will make NASDAQ:SITO worth $3.49M more.

According to Zacks Investment Research, “SITO Mobile Limited is a technology based mobile solutions provider. The Company provides wireless application development, publishing and distribution. It offers mobile location-based advertising and mobile messaging platforms that enable brands, agencies, and retailers to transform digital marketing by delivering targeted mobile advertising campaigns based on geo-location, in-store traffic, and customer response. SITO Mobile Limited, formerly known as Single Touch Systems, Inc., is based in Jersey City, New Jersey.”

Another recent and important Sito Mobile Ltd (NASDAQ:SITO) news was published by Marketwatch.com which published an article titled: “/quotes/zigman/3870025/realtime” on April 16, 2011.

SITO Company Profile

SITO Mobile, Ltd., incorporated on May 31, 2000, operates a mobile location advertising platform serving businesses, advertisers and brands. Through its platform, the Company’s solutions allow marketers to create content targeted to audiences, based on location, interests, behaviors and loyalty. The Company’s offerings include SITO Location-Based Advertising and SITO Mobile Messaging. SITO Location-Based Advertising delivers display advertisements and videos (rich media) on behalf of advertisers, including various features, such as Geo-fencing, Verified walk-in, Behavioral Targeting, and Analytics and Optimization. Geo-fencing targets clients within a certain radius of location and uses technology to push coupons, advertisements and promotions to mobile applications. Verified Walk-in tracks foot-traffic to locations and which advertisements drive action.

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