Mobico Group (LON:MCG) Stock Price Down 40.9% - Here's Why

Mobico Group Plc (LON:MCG - Get Free Report)'s share price traded down 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 were traded during trading, an increase of 638% from the average session volume of 3,611,600 shares. The stock had previously closed at GBX 58.95 ($0.79).

Mobico Group Stock Performance

The stock has a market cap of £190.48 million, a PE ratio of -1.35 and a beta of 1.60. The company'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 results on Tuesday, April 29th. The company reported GBX (134.80) (($1.80)) earnings per share for the quarter. Mobico Group had a negative return on equity of 13.71% and a negative net margin of 4.36%. On average, sell-side analysts anticipate that Mobico Group Plc will post 14.0227704 earnings per share for the current fiscal year.

About Mobico Group

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.