Journeo (LON:JNEO) Hits New 1-Year High - Should You Buy?

Key Points

• Journeo plc's shares reached a new 52-week high, trading at GBX 448.25 ($6.07) before settling at GBX 442 ($5.99).
• The company has a market capitalization of £75.01 million, with a notably high P/E ratio of 1,681.25, indicating a highly valued stock.
• Insider Mark Westcombe Elliott bought 20,306 shares at an average price of GBX 310, reflecting confidence in the company's prospects with insiders holding 53.08% of the stock.

Journeo plc (LON:JNEO - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 448.25 ($6.05) and last traded at GBX 442 ($5.97), with a volume of 250821 shares traded. The stock had previously closed at GBX 418.50 ($5.65).

Journeo Price Performance

The firm has a fifty day moving average price of GBX 403.26 and a two-hundred day moving average price of GBX 324.97. The stock has a market capitalization of £78.57 million, a P/E ratio of 1,761.13 and a beta of 0.16. The company has a debt-to-equity ratio of 2.46, a quick ratio of 0.85 and a current ratio of 2.00.

Journeo Company Profile

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.