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Journeo (LON:JNEO) Hits New 52-Week High - Here's What Happened

Journeo logo with Industrials background

Journeo plc (LON:JNEO - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 425 ($5.78) and last traded at GBX 424.97 ($5.78), with a volume of 151603 shares trading hands. The stock had previously closed at GBX 417.50 ($5.68).

Journeo Price Performance

The company has a 50 day moving average price of GBX 325.94 and a 200 day moving average price of GBX 288.68. The company has a market capitalization of £71.99 million, a price-to-earnings ratio of 17.09 and a beta of 0.16. The company has a current ratio of 2.00, a quick ratio of 0.85 and a debt-to-equity ratio of 2.46.

Insider Activity at Journeo

In other news, insider Mark Westcombe Elliott bought 20,306 shares of the stock in a transaction dated Thursday, June 5th. The stock was bought at an average cost of GBX 310 ($4.22) per share, with a total value of £62,948.60 ($85,679.32). Company insiders own 22.71% of the company's stock.

Journeo Company Profile

(Get Free Report)

Journeo plc is a leading Intelligent Transport Systems provider, delivering solutions in towns, cities, airports and the public transport networks that connect them. The Company is focused on creating innovative public transport and related infrastructure solutions, contributing to safer and smarter city initiatives as transport of all types becomes more intelligent and connected. The Company works at many levels with government organisations, local/combined authorities and many of the largest multinational transport operators.

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