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Mobico Group (LON:MCG) Shares Down 40.9% - Time to Sell?

Mobico Group logo with Industrials background

Mobico Group Plc (LON:MCG - Get Free Report)'s share price traded down 40.9% during trading on Saturday . The stock traded as low as GBX 34.02 ($0.45) and last traded at GBX 34.82 ($0.46). 26,666,250 shares changed 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 Price Performance

The company has a 50-day moving average price of GBX 59.04 and a 200 day moving average price of GBX 70.33. The firm has a market capitalization of £194.53 million, a PE ratio of -1.38 and a beta of 1.60.

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

Mobico Group Company Profile

(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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