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Mobico Group (LON:MCG) Shares Down 31.9% - Here's What Happened

Mobico Group logo with Industrials background

Mobico Group Plc (LON:MCG - Get Free Report) dropped 31.9% on Friday . The stock traded as low as GBX 38.18 ($0.51) and last traded at GBX 40.14 ($0.54). Approximately 11,145,232 shares traded hands during mid-day trading, an increase of 226% from the average daily volume of 3,417,588 shares. The stock had previously closed at GBX 58.95 ($0.79).

Mobico Group Stock Performance

The company has a market cap of £190.48 million, a P/E ratio of -1.35 and a beta of 1.60. The company has a fifty day moving average price of GBX 59.81 and a two-hundred day moving average price of GBX 70.62.

Mobico Group (LON:MCG - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported GBX (134.80) (($1.81)) earnings per share (EPS) for the quarter. Mobico Group had a negative net margin of 4.36% and a negative return on equity of 13.71%. Research analysts anticipate that Mobico Group Plc will post 14.0227704 EPS for the current year.

About Mobico Group

(Get Free Report)

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.

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