Mobix Labs Inc (NASDAQ: MOBX)’s Stock Market Position Could Improve In The Coming Months

NOVA

In today’s recent session, 0.42 million shares of the Mobix Labs Inc (NASDAQ:MOBX) have been traded, and its beta is -0.25. Most recently the company’s share price was $1.14, and it changed around -$0.02 or -1.72% from the last close, which brings the market valuation of the company to $39.47M. MOBX at last check was trading at a discount to its 52-week high of $12.50, offering almost -996.49% off that amount. The share price’s 52-week low was $0.55, which indicates that the recent value has risen by an impressive 51.75% since then. We note from Mobix Labs Inc’s average daily trading volume that its 10-day average is 2.65 million shares, with the 3-month average coming to 521.58K.

Mobix Labs Inc (NASDAQ:MOBX) trade information

Instantly MOBX has been showing red trend so far today with a performance of -1.72% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.5600 on recent trading dayincreased the stock’s daily price by 26.92%. The company’s shares are currently down -71.64% year-to-date, but still down -18.57% over the last five days. On the other hand, Mobix Labs Inc (NASDAQ:MOBX) is 58.33% up in the 30-day period. We can see from the shorts that 0.27 million shares have been sold at a short interest cover period of 2.33 day(s).

Mobix Labs Inc (NASDAQ:MOBX)’s Major holders

Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 122.69 shares worth $0.13 million, making up 0.43% of all outstanding shares. On the other hand, Fidelity Series Total Market Index Fund held roughly 28.51 shares worth around $31364.0, which represents about 0.10% of the total shares outstanding.