Mobilicom (NASDAQ:MOB) Stock Price Down 0.4%

Shares of Mobilicom Limited (NASDAQ:MOB) were down 0.4% during mid-day trading on Thursday . The stock traded as low as $1.13 and last traded at $1.16. Approximately 21,652 shares changed hands during trading, a decline of 86% from the average daily volume of 158,163 shares. The stock had previously closed at $1.17.

Mobilicom Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 3.88 and a quick ratio of 3.46. The stock has a 50-day moving average price of $1.02 and a 200 day moving average price of $1.04.

Institutional Trading of Mobilicom

An institutional investor recently bought a new position in Mobilicom stock. CVI Holdings LLC acquired a new stake in Mobilicom Limited (NASDAQ:MOB) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 179,060 shares of the company’s stock, valued at approximately $213,000. CVI Holdings LLC owned about 3.71% of Mobilicom as of its most recent filing with the SEC. 13.56% of the stock is currently owned by institutional investors.

About Mobilicom

Mobilicom Limited operates as an end-to-end provider of cybersecurity and smart solutions for drones, robotics, and autonomous platforms. It designs, develops, and delivers smart solutions, such as cloud management software, communication datalink and mobile mesh networking terminals, handheld control terminals, and professional services and support for drone, robotics, and autonomous system manufacturers, as well as hardware products and software solutions.