Mobivity Holdings Corp. (OTCMKTS:MFON) opened at 0.77 on Friday. Mobivity Holdings Corp. has a 52 week low of $0.48 and a 52 week high of $0.89. The company’s market capitalization is $28.02 million. The company’s 50-day moving average price is $0.76 and its 200-day moving average price is $0.75.
Separately, ValuEngine downgraded Mobivity Holdings Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, May 23rd.
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In other Mobivity Holdings Corp. news, Director Thomas B. Akin purchased 85,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 17th. The stock was purchased at an average cost of $0.70 per share, with a total value of $59,500.00. Following the acquisition, the director now directly owns 5,596,262 shares of the company’s stock, valued at approximately $3,917,383.40. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Thomas B. Akin purchased 323,248 shares of the company’s stock in a transaction that occurred on Monday, May 22nd. The shares were acquired at an average cost of $0.72 per share, with a total value of $232,738.56. Following the completion of the acquisition, the director now directly owns 5,603,262 shares in the company, valued at $4,034,348.64. The disclosure for this purchase can be found here. Insiders have purchased a total of 866,554 shares of company stock valued at $613,576 in the last 90 days. 21.10% of the stock is owned by corporate insiders.
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