Reasons why Mobiquity Technologies Inc.’s (NASDAQ:MOBQ) fundamentals are futile

In yesterday’s Wall Street session, Mobiquity Technologies Inc. (NASDAQ:MOBQ) shares traded at $0.12, down -0.25% from the previous session.

1 analysts cover Mobiquity Technologies Inc. (NASDAQ:MOBQ), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $5.30 and a low of $5.30, we find $5.30. Given the previous closing price of $0.12, this indicates a potential upside of 4316.67 percent. MOBQ stock price is now -27.19% away from the 50-day moving average and -79.46% away from the 200-day moving average. The market capitalization of the company currently stands at $4.35M.

The stock has received a hold rating from 0 analysts and a buy rating from 1. Brokers who have rated the stock have averaged $5.30 as their price target over the next twelve months.

A total of 32.10% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in MOBQ stock. A new stake in Mobiquity Technologies Inc. shares was purchased by SABBY MANAGEMENT, LLC during the first quarter worth $136,000. WALLEYE CAPITAL LLC invested $37,000 in shares of MOBQ during the first quarter. In the first quarter, VANGUARD GROUP INC acquired a new stake in Mobiquity Technologies Inc. valued at approximately $10,000. PINE VALLEY INVESTMENTS LTD LIABILITY CO acquired a new stake in MOBQ for approximately $3,000. TWO SIGMA SECURITIES, LLC purchased a new stake in MOBQ valued at around $2,000 in the second quarter. In total, there are 14 active investors with 3.70% ownership of the company’s stock.

On Wednesday morning Mobiquity Technologies Inc. (NASDAQ: MOBQ) stock kicked off with the opening price of $0.1400. During the past 12 months, Mobiquity Technologies Inc. has had a low of $0.04 and a high of $2.47. As of last week, the company has a debt-to-equity ratio of 0.32, a current ratio of 0.90, and a quick ratio of 0.90. The fifty day moving average price for MOBQ is $0.1660 and a two-hundred day moving average price translates $0.5852 for the stock.

The latest earnings results from Mobiquity Technologies Inc. (NASDAQ: MOBQ) was released for Mar, 2023. The company reported revenue of $0.13 million for the quarter, compared to $0.54 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -75.65 percent.

Mobiquity Technologies Inc.(MOBQ) 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 includes adserver, demand side platform, advertisement quality tools, analytics dashboard, engine, advertisement prediction and delivery tools, supply quality tools, private marketplace tools, audience and location targeting, 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. The company also offers data intelligence platform for providing precise data and insights on consumer’s real-world behavior and trends for use in marketing and research; and MobiExchange is a data-focused technology solution that enables users to rapidly build actionable data and insights for its own use, providing out-of-the box private labeling, flexible branding, content management, user management, user communications, subscriptions, payment, invoices, reporting, gateways to third party platforms, and help desk solutions. In addition, it provides content publisher platform, a single-vendor ad tech operating system with tools for consent management, audience building, a direct advertising interface, and inventory enhancement, that allows publishers to better monetize their opt-in user data and advertising inventory. The company was formerly known as Ace Marketing & Promotions, Inc. and changed its name to Mobiquity Technologies, Inc. in September 2013. Mobiquity Technologies, Inc. was founded in 1998 and is headquartered in Shoreham, New York.

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