127,000 Shares in Mobix Labs, Inc. (NASDAQ:MOBX) Bought by Vanguard Capital Wealth Advisors

Vanguard Capital Wealth Advisors purchased a new stake in shares of Mobix Labs, Inc. (NASDAQ:MOBX) during the first quarter, HoldingsChannel reports. The fund purchased 127,000 shares of the company’s stock, valued at approximately $255,000.

Mobix Labs Stock Down 4.4 %

Shares of NASDAQ MOBX traded down $0.08 during mid-day trading on Friday, reaching $1.75. The company’s stock had a trading volume of 10,733 shares, compared to its average volume of 140,001. The firm’s fifty day simple moving average is $2.36. Mobix Labs, Inc. has a 52 week low of $1.17 and a 52 week high of $12.50.

Mobix Labs (NASDAQ:MOBX) last released its quarterly earnings data on Tuesday, May 14th. The company reported $0.06 EPS for the quarter. The company had revenue of $1.15 million for the quarter.

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.