Mobiquity Technologies (NASDAQ:MOBQ) Shares Up 28.3% – Still a Buy?

Shares of Mobiquity Technologies, Inc. (NASDAQ:MOBQ) shot up 28.3% during trading on Thursday . The stock traded as high as $3.87 and last traded at $3.85. 161,724 shares were traded during mid-day trading, an increase of 446% from the average session volume of 29,593 shares. The stock had previously closed at $3.00.

Mobiquity Technologies Price Performance

The stock’s 50-day moving average is $3.17 and its 200 day moving average is $2.95. The stock has a market cap of $72.26 million, a price-to-earnings ratio of -3.44 and a beta of 1.35.

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.