Mobico Group (LON:MCG) Shares Down 40.8% - Here's Why

Shares of Mobico Group Plc (LON:MCG - Get Free Report) traded down 40.8% on Friday . The company traded as low as GBX 34.02 ($0.46) and last traded at GBX 34.89 ($0.47). 23,815,338 shares changed hands during trading, an increase of 566% from the average session volume of 3,574,240 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 price-to-earnings ratio of -1.35 and a beta of 1.60. The business's 50 day moving average price is GBX 59.81 and its 200-day moving average price is GBX 70.62.

Mobico Group (LON:MCG - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported GBX (134.80) (($1.81)) 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%. On average, equities research analysts expect that Mobico Group Plc will post 14.0227704 earnings per share for the current fiscal 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.