Mobico Group Plc (LON:MCG - Get Free Report) dropped 6.2% during mid-day trading on Friday . The stock traded as low as GBX 18.76 and last traded at GBX 19.56. Approximately 9,493,099 shares traded hands during trading, an increase of 17% from the average daily volume of 8,081,002 shares. The stock had previously closed at GBX 20.86.
Wall Street Analyst Weigh In
MCG has been the topic of several recent analyst reports. Royal Bank Of Canada dropped their target price on Mobico Group from GBX 30 to GBX 25 and set a "sector perform" rating on the stock in a research report on Wednesday, March 25th. Berenberg Bank reiterated a "hold" rating and set a GBX 35 target price on shares of Mobico Group in a research report on Monday, January 19th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of GBX 30.
View Our Latest Report on MCG
Mobico Group Stock Performance
The firm has a market cap of £123.46 million, a price-to-earnings ratio of -0.39 and a beta of 0.86. The business has a fifty day moving average of GBX 22.40 and a two-hundred day moving average of GBX 23.91.
Mobico Group (LON:MCG - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported GBX (19.20) earnings per share for the quarter. Mobico Group had a positive return on equity of 160.47% and a negative net margin of 10.75%. On average, equities research analysts forecast that Mobico Group Plc will post 14.0227704 earnings per share for the current year.
Mobico Group Company Profile
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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.
We help millions of people around the world every day, getting them safely and reliably to work, school, to family and friends.
We are leveraging our network economies to shape the future of multi-modal transport.
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