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Video: What is a Stock Split?
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Mobiquity Technologies is the parent company of its operating subsidiaries, Mobiquity Networks, Inc. (Mobiquity Networks) and Advangelists, LLC (Advangelists). Mobiquity Networks provides location data and insights on consumer's behavior and trends for use in marketing and research. Advangelists is a developer of advertising and marketing technology focused on the creation, automation, and maintenance of an advertising technology operating system (ATOS). Advangelists' ATOS platform blends artificial intelligence and machine learning based optimization technology for automatic ad serving that manages and runs digital advertising campaigns. According to our MOBQ split history records, MOBQ has had 1 split. | |
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MOBQ (MOBQ) has 1 split in our MOBQ split history database. The split for MOBQ took place on August 07, 2023. This was a 1 for 15 reverse split, meaning for each 15 shares of MOBQ owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 66.6666666666667 share position following the split.
When a company such as MOBQ conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the MOBQ split history from start to finish, an original position size of 1000 shares would have turned into 66.6666666666667 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into MOBQ shares, starting with a $10,000 purchase of MOBQ, presented on a split-history-adjusted basis factoring in the complete MOBQ split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/29/2014 |
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End date: |
04/26/2024 |
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Start price/share: |
$7.65 |
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End price/share: |
$0.82 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-89.28% |
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Average Annual Total Return: |
-20.01% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,072.40 |
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Years: |
10.00 |
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Date |
Ratio |
08/07/2023 | 1 for 15 |
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