Journeo (LON:JNEO) Releases Quarterly Earnings Results

Key Points

• Journeo reported earnings of GBX 13.01 per share for the quarter, with a return on equity of 29.20% and a net margin of 8.20%.
• The stock decreased by 7.4% following the earnings announcement, with current trading at GBX 452.80.
• Journeo is a key provider of Intelligent Transport Systems, focusing on innovative solutions for public transport connectivity and smart city initiatives.

Journeo (LON:JNEO - ) issued its quarterly earnings results on Thursday. The company reported GBX 13.01 earnings per share for the quarter, Digital Look Earnings reports. Journeo had a return on equity of 29.20% and a net margin of 8.20%.

Journeo Stock Down 7.4%

JNEO opened at GBX 452.80 on Thursday. 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 market cap of £76.84 million, a P/E ratio of 1,722.33 and a beta of 0.16. The business's fifty day simple moving average is GBX 427.74 and its 200 day simple moving average is GBX 346.40. Journeo has a 52 week low of GBX 230 and a 52 week high of GBX 538.

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.

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