Mobiquity Technologies (NASDAQ:MOBQ) Shares Down 5.2% - Here's Why

Mobiquity Technologies, Inc. (NASDAQ:MOBQ - Get Free Report)'s stock price was down 5.2% during mid-day trading on Tuesday . The company traded as low as $3.30 and last traded at $3.40. Approximately 13,795 shares traded hands during trading, a decline of 32% from the average daily volume of 20,326 shares. The stock had previously closed at $3.59.

Mobiquity Technologies Price Performance

The stock has a 50 day moving average price of $3.31 and a 200-day moving average price of $2.73. The stock has a market capitalization of $59.19 million, a P/E ratio of -3.04 and a beta of 1.33.

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.