Journeo (LON:JNEO) Reaches New 1-Year High - Still a Buy?

Journeo plc (LON:JNEO - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 332.07 ($4.48) and last traded at GBX 328 ($4.43), with a volume of 248170 shares traded. The stock had previously closed at GBX 316 ($4.27).

Journeo Price Performance

The company has a market capitalization of £56.58 million, a P/E ratio of 13.43 and a beta of 0.16. The stock's fifty day simple moving average is GBX 277.01 and its 200-day simple moving average is GBX 275.89. The company has a debt-to-equity ratio of 2.46, a current ratio of 2.00 and a quick ratio of 0.85.

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

Insider Activity

In other Journeo news, insider Mark Westcombe Elliott purchased 20,306 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The shares were acquired at an average cost of GBX 310 ($4.19) per share, for a total transaction of £62,948.60 ($84,985.28). Also, insider Nick Lowe acquired 7,000 shares of Journeo stock in a transaction on Wednesday, March 26th. The stock was acquired at an average cost of GBX 268 ($3.62) per share, for a total transaction of £18,760 ($25,327.39). 22.71% of the stock is owned by company 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.