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

Key Points

• Journeo plc reached a new 52-week high, trading at GBX 554 ($7.47) and last at GBX 540 ($7.28), reflecting significant trading activity with 245,569 shares exchanged.
• The company has a high debt-to-equity ratio of 2.46 and a low price-to-earnings ratio of 2,246.26, indicating potential financial risks despite promising market performance.
• Journeo reported an EPS of GBX 13.01 for the last quarter and anticipates a current year EPS of approximately 23.79, showcasing strong expected growth.

Journeo plc (LON:JNEO - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 554 ($7.47) and last traded at GBX 540 ($7.28), with a volume of 245569 shares traded. The stock had previously closed at GBX 520 ($7.01).

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 firm has a market capitalization of £93.02 million, a price-to-earnings ratio of 2,246.26 and a beta of 0.16. The stock has a 50 day moving average price of GBX 437.83 and a two-hundred day moving average price of GBX 359.37.

Journeo (LON:JNEO - Get Free Report) last announced its earnings results on Thursday, September 25th. The company reported GBX 13.01 EPS for the quarter. Journeo had a return on equity of 29.20% and a net margin of 8.20%. As a group, analysts expect that Journeo plc will post 23.7877402 EPS for the current year.

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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