MoneyOnMobile Inc (MOMT) Director Buys $18,900.00 in Stock

MoneyOnMobile Inc (OTCMKTS:MOMT) Director David B. Utterback purchased 70,000 shares of the stock in a transaction dated Tuesday, December 5th. The shares were acquired at an average price of $0.27 per share, with a total value of $18,900.00. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Shares of MoneyOnMobile Inc (OTCMKTS MOMT) traded up $0.01 during trading hours on Wednesday, hitting $0.25. 91,356 shares of the stock traded hands, compared to its average volume of 85,721. MoneyOnMobile Inc has a 12 month low of $0.11 and a 12 month high of $0.66. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of -0.37.

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MoneyOnMobile Company Profile

MoneyOnMobile, Inc, formerly Calpian, Inc, is an early-stage company. The Company operates through the MoneyOnMobile segment, which is a mobile wallet service used to pay for goods and services from a mobile phone and to make other financial transactions. MoneyOnMobile allows consumers, to deposit funds into their mobile wallet or to perform a financial transaction through its agent network of approximately 313,541 retail locations as of April 30, 2016.

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