The price of Micromobility.com Inc (NASDAQ:MCOM) shares last traded on Wall Street fell -6.06% to $0.03.
Based on available information, 1 analysts follow Micromobility.com Inc (NASDAQ:MCOM). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $650.00 and a low of $650.00, we find $650.00. Given the previous closing price of $0.04, this indicates a potential upside of 1624900.0 percent. MCOM stock price is now -37.96% away from the 50-day moving average and -98.59% away from the 200-day moving average. The market capitalization of the company currently stands at $4.82M.
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Among analysts, 0 rate the stock a hold while 1 rate it a buy. Brokers who have rated the stock have averaged $650.00 as their price target over the next twelve months.
In other news, Palella Salvatore, Chief Executive Officer bought 15,722 shares of the company’s stock on May 10. The stock was bought for $10,845 at an average price of $0.69. Upon completion of the transaction, the Chief Executive Officer now directly owns 240,301 shares in the company, valued at $7209.03. A total of 0.46% of the company’s stock is owned by insiders.
A candlestick chart of Micromobility.com Inc (NASDAQ: MCOM) showed a price of $0.0363 on Monday morning. During the past 12 months, Micromobility.com Inc has had a low of $0.03 and a high of $27.70. The fifty day moving average price for MCOM is $0.0550 and a two-hundred day moving average price translates $2.4247 for the stock.
The latest earnings results from Micromobility.com Inc (NASDAQ: MCOM) was released for Jun, 2023. According to the Recreational Vehicles Company, earnings per share came in at -$1.09, missing analysts’ expectations of -$0.2 by -0.89. This compares to -$1.36 EPS in the same period last year. The company reported revenue of $3.5 million for the quarter, compared to $4.36 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -19.8 percent. For the current quarter, analysts expect MCOM to generate $29.3M in revenue.
