There is no way Mobilicom Limited (MOB) can keep these numbers up

Mobilicom Limited (NASDAQ: MOB) stock fell -4.69% on Friday to $1.83 against a previous-day closing price of $1.92. With 1.18 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.34 million shares. During the session, the Communication Equipment company that operates in wider Technology sector, reached to the highest price of $2.0500 whereas the lowest price it dropped to was $1.7700. The 52-week range on MOB shows that it touched its highest point at $6.66 and its lowest point at $1.76 during that stretch.

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Float and Shares Shorts:

At present, 3.67 million MOB shares are outstanding with a float of 0.18 million shares on hand for trading. In addition to Mr. Oren Elkayam as the firm’s Co-Founder, Chairman, CEO & MD, Mr. Yossi Segal serves as its Co-Founder, VP of R&D and Exec. Director.

Institutional Ownership:

Other institutions hold — of MOB, in contrast to — held by mutual funds. Shares owned by individuals account for –.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MOB since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MOB analysts setting a high price target of $0.50 and a low target of $0.50, the average target price over the next 12 months is $0.50. Based on these targets, MOB could drop -72.68% to reach the target high and fall by -72.68% to reach the target low. Reaching the average price target will result in a decline of -72.68% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. MOB will report FY 2017 earnings on 02/24/2023. Analysts have provided yearly estimates in a range of -$0.95 being high and -$0.95 being low. For MOB, this leads to a yearly average estimate of -$0.95.

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