Journeo (LON:JNEO) Hits New 1-Year High - What's Next?

Journeo plc (LON:JNEO - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 332.07 ($4.52) and last traded at GBX 328 ($4.47), with a volume of 248170 shares changing hands. The stock had previously closed at GBX 316 ($4.30).

Journeo Stock Down 4.5%

The company has a market capitalization of £55.63 million, a P/E ratio of 13.21 and a beta of 0.16. The company has a quick ratio of 0.85, a current ratio of 2.00 and a debt-to-equity ratio of 2.46. The firm has a fifty day simple moving average of GBX 281.04 and a 200-day simple moving average of GBX 276.68.

Journeo (LON:JNEO - Get Free Report) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX 27.44 ($0.37) earnings per share (EPS) for the quarter. Journeo had a return on equity of 29.20% and a net margin of 8.20%. On average, equities research analysts expect that Journeo plc will post 23.7877402 EPS for the current fiscal year.

Insider Activity

In other Journeo news, insider Mark Westcombe Elliott acquired 20,306 shares of the company's stock in a transaction on Thursday, June 5th. The stock was acquired at an average price of GBX 310 ($4.22) per share, for a total transaction of £62,948.60 ($85,702.65). Also, insider Nick Lowe purchased 7,000 shares of the company's stock in a transaction dated Wednesday, March 26th. The stock was acquired at an average price of GBX 268 ($3.65) per share, with a total value of £18,760 ($25,541.18). 22.71% of the stock is owned by insiders.

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.