Journeo (LON:JNEO) Hits New 1-Year High - Here's What Happened

Key Points

• Journeo plc has reached a new 52-week high share price of GBX 538 ($7.25), indicating strong performance in the market.
• The company has a market capitalization of £88.38 million and a notably high price-to-earnings ratio of 1,980.98.
• Journeo specializes in Intelligent Transport Systems, providing innovative public transport solutions to enhance safety and connectivity in urban areas.

Journeo plc (LON:JNEO - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 538 ($7.27) and last traded at GBX 520.80 ($7.04), with a volume of 83930 shares. The stock had previously closed at GBX 526 ($7.11).

Journeo Trading Down 0.6%

The firm has a fifty day simple moving average of GBX 424.14 and a 200-day simple moving average of GBX 344.22. The firm has a market cap of £88.25 million, a P/E ratio of 1,978.17 and a beta of 0.16. 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 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.