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

Mobico Group Plc (LON:MCG - Get Free Report)'s stock price was down 40.9% on Saturday . The stock traded as low as GBX 34.02 ($0.45) and last traded at GBX 34.82 ($0.46). Approximately 26,666,250 shares traded hands during mid-day trading, an increase of 638% from the average daily volume of 3,611,600 shares. The stock had previously closed at GBX 58.95 ($0.78).

Mobico Group Stock Performance

The company's fifty day moving average is GBX 59.04 and its two-hundred day moving average is GBX 70.33. The company has a market cap of £194.53 million, a price-to-earnings ratio of -1.38 and a beta of 1.60.

Mobico Group (LON:MCG - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported GBX (134.80) (($1.79)) 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 EPS 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.