Mobiquity Technologies (NASDAQ:MOBQ) Shares Up 1.5% - Here's What Happened

Shares of Mobiquity Technologies, Inc. (NASDAQ:MOBQ - Get Free Report) shot up 1.5% on Wednesday . The company traded as high as $2.75 and last traded at $2.74. 17,798 shares changed hands during trading, an increase of 112% from the average session volume of 8,384 shares. The stock had previously closed at $2.70.

Mobiquity Technologies Stock Performance

The stock has a market cap of $49.23 million, a P/E ratio of -2.35 and a beta of 1.39. The company has a 50-day simple moving average of $3.47 and a 200-day simple moving average of $2.88.

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.