MICT (MICT) Trading Down 5.1%

Shares of MICT Inc (NASDAQ:MICT) fell 5.1% during trading on Thursday . The company traded as low as $0.94 and last traded at $0.94. 585,381 shares were traded during mid-day trading, an increase of 313% from the average session volume of 141,901 shares. The stock had previously closed at $0.99.

An institutional investor recently raised its position in MICT stock. Vanguard Group Inc increased its stake in MICT Inc (NASDAQ:MICT) by 80.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,900 shares of the aerospace company’s stock after purchasing an additional 16,450 shares during the period. Vanguard Group Inc owned approximately 0.40% of MICT worth $41,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 3.68% of the company’s stock.

WARNING: This piece was first published by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be accessed at https://www.baseballdailydigest.com/news/2019/05/23/mict-mict-trading-down-5-1.html.

MICT Company Profile (NASDAQ:MICT)

MICT, Inc designs, develops, manufactures, and sells rugged mobile computing devices comprising tablets and on-board-computers that provide fleet operators and field workforces with computing solutions for challenging work environments, such as extreme temperatures, repeated vibrations, or dirty and wet or dusty conditions.

Recommended Story: What is Call Option Volume?

Receive News & Ratings for MICT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MICT and related companies with MarketBeat.com's FREE daily email newsletter.