TomTom (OTCMKTS:TMOAF) Stock Price Down 0.8% – What’s Next?

TomTom (OTCMKTS:TMOAF) traded down 0.8% on Tuesday . The company traded as low as $5.54 and last traded at $5.54. 168 shares changed hands during trading, a decline of 58% from the average session volume of 398 shares. The stock had previously closed at $5.59.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded TomTom to a “strong-buy” rating in a research report on Monday, October 14th.

TomTom Stock Down 0.8 %

The stock’s 50 day moving average price is $5.65 and its 200-day moving average price is $5.49.

About TomTom

TomTom NV is engaged in the developing of location technology including maps, navigation software, real-time traffic information, and other services. It operates through the following segments: Location Technology and Consumer. The Location Technology segment is involved in the developing and selling of location based application components, such as maps, services and navigation software to customers in different market segments.