The stock of Mobile Tornado Group Plc (LON:MBT) hit a new 52-week high and has GBX 6.54 target or 8.00% above today’s GBX 6.06 share price. The 5 months bullish chart indicates low risk for the GBX 15.00M company. The 1-year high was reported on Nov, 25 by Barchart.com. If the GBX 6.54 price target is reached, the company will be worth GBX 1.20M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 3.15% or GBX 0.19 on November 25, hitting GBX 6.06. About 111,895 shares traded hands or 149.75% up from the average. Mobile Tornado Group Plc (LON:MBT) has risen 220.00% since April 27, 2016 and is uptrending. It has outperformed by 214.59% the S&P500.
Another recent and important Mobile Tornado Group Plc (LON:MBT) news was published by Globes.Co.Il which published an article titled: “Alvarion reborn” on September 24, 2013.
Mobile Tornado Group plc provides instant communication mobile applications to the enterprise market. The company has a market cap of 15.00 million GBP. The Company’s offerings include Instant Talk , Instant Locate, Instant Alert, Instant Message, Internet Protocol Radio Service (IPRS) Platform and Dispatcher. It currently has negative earnings. The Company’s Push To Talk service, Instant Talk, allows a mobile workforce to instantly communicate with the office and the team.
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