Novatel Wireless, Inc. (NASDAQ:MIFI) Stock Closed Well Above Its 50 Day Average

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Shares of the company are trading at $2.50 which is well above $1.41, the stock’s 50 day moving average and significantly above the 200 day moving average of $1.39. The 50 day moving average was up $1.09 and the 200 day average moved up $1.11. Trading volume for Novatel Wireless, Inc. was 0 on Wednesday. Trading volume was down nan% under the stocks average daily volume.

Additionally, here are a few investment firms who have increased or decreased their stake in (MIFI). Citadel Advisors LLC augmented its position by buying 14,063 shares an increase of 65.1%. Citadel Advisors LLC currently owns 35,663 shares valued at $60,000. The value of the position overall is down by 11.8%.

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