Mobico Group (LON:MCG) Shares Down 40.9% - What's Next?

Mobico Group Plc (LON:MCG - Get Free Report)'s share price fell 40.9% during mid-day trading on Saturday . The company traded as low as GBX 34.02 ($0.45) and last traded at GBX 34.82 ($0.46). 26,666,250 shares traded hands during mid-day trading, an increase of 638% from the average session volume of 3,611,600 shares. The stock had previously closed at GBX 58.95 ($0.78).

Mobico Group Trading Up 2.1 %

The business's fifty day simple moving average is GBX 59.04 and its 200-day simple moving average is GBX 70.33. The firm has a market cap of £194.53 million, a P/E ratio of -1.38 and a beta of 1.60.

Mobico Group (LON:MCG - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported GBX (134.80) (($1.79)) earnings per share for the quarter. Mobico Group had a negative net margin of 4.36% and a negative return on equity of 13.71%. Analysts anticipate that Mobico Group Plc will post 14.0227704 earnings per share for the current year.

Mobico Group Company Profile

Mobico Group is a leading international transport operator, diversified internationally and by business area; with operations in North America, continental Europe, the UK and North Africa. We provide safe, efficient, clean and reliable shared mobility solutions to cities, businesses, education, healthcare and customers. We are internationally diversified with a balanced portfolio of high quality contracts and market-leading customer brands.