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Mobico Group (LON:MCG) Stock Price Down 6.4% - Here's What Happened

Mobico Group logo with Industrials background

Mobico Group Plc (LON:MCG - Get Free Report) shares traded down 6.4% on Monday . The company traded as low as GBX 27.39 ($0.37) and last traded at GBX 27.48 ($0.37). 5,735,603 shares were traded during trading, an increase of 38% from the average session volume of 4,158,256 shares. The stock had previously closed at GBX 29.36 ($0.40).

Mobico Group Price Performance

The stock has a market capitalization of £162.19 million, a P/E ratio of -1.15 and a beta of 1.60. The company's 50-day simple moving average is GBX 38.36 and its 200-day simple moving average is GBX 60.69.

Mobico Group (LON:MCG - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported GBX (134.80) (($1.84)) EPS for the quarter. Mobico Group had a negative return on equity of 13.71% and a negative net margin of 4.36%. On average, analysts forecast that Mobico Group Plc will post 14.0227704 earnings per share for the current fiscal year.

Insider Activity at Mobico Group

In related news, insider Phil White acquired 330,000 shares of the business's stock in a transaction on Wednesday, May 14th. The stock was purchased at an average cost of GBX 29 ($0.39) per share, for a total transaction of £95,700 ($130,292.72). 26.06% of the stock is owned by company insiders.

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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