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

Key Points

• Shares of Journeo plc reached a new 52-week high of GBX 500 ($6.74), reflecting strong investor interest.
• The company, a provider of Intelligent Transport Systems, serves various public transport networks and works closely with government authorities.
• Journeo has a market capitalization of £84.38 million and a notably high price-to-earnings ratio of 1,891.40.

Shares of Journeo plc (LON:JNEO - ) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 500 ($6.74) and last traded at GBX 497.25 ($6.71), with a volume of 163114 shares changing hands. The stock had previously closed at GBX 463 ($6.25).

Journeo Price Performance

The company has a debt-to-equity ratio of 2.46, a current ratio of 2.00 and a quick ratio of 0.85. The company has a 50-day simple moving average of GBX 403.26 and a two-hundred day simple moving average of GBX 325.33. The stock has a market capitalization of £84.38 million, a price-to-earnings ratio of 1,891.40 and a beta of 0.16.

About Journeo

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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