Mobix Labs, Inc. (NASDAQ:MOBX – Get Free Report) dropped 7.2% during trading on Thursday . The stock traded as low as $3.00 and last traded at $3.08. Approximately 68,674 shares were traded during trading, a decline of 62% from the average daily volume of 181,430 shares. The stock had previously closed at $3.32.
Mobix Labs Price Performance
The firm has a fifty day simple moving average of $2.21.
Mobix Labs (NASDAQ:MOBX – Get Free Report) last issued its quarterly earnings data on Tuesday, February 20th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $0.29 million for the quarter.
Institutional Trading of Mobix Labs
About Mobix Labs
Mobix Labs, Inc, a fabless semiconductor company, provides wireless and connectivity solutions for next generation communication systems, including C-Band and mmWave 5G and high bandwidth cable applications. Its products include True5G chipset solutions; true xero active optical cables and related products designed to deliver fiber optic connectivity for a range of applications, including 5G infrastructure, autonomous vehicles, Pro A/V, AR/VR, remote medical systems, and others; electromagnetic interference filters deployed in aerospace, military, defense, medical, and healthcare products.
Further Reading
- Five stocks we like better than Mobix Labs
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Meta Stock: 3 Reasons This Stumble Is a Golden Buying Opportunity
- Investing in large cap stocks: Diving into big caps
- 3 Staples Stocks to Cushion Lower Consumer Sentiment
- What is the Dow Jones Industrial Average (DJIA)?
- Zillow’s Earnings Dip: An Opportunity for Visionaries
Receive News & Ratings for Mobix Labs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mobix Labs and related companies with MarketBeat.com's FREE daily email newsletter.