Mobico Group (LON:MCG) Trading Down 27.9% - Here's What Happened

Mobico Group Plc (LON:MCG - Get Free Report)'s stock price fell 27.9% during mid-day trading on Friday . The company traded as low as GBX 41.92 ($0.56) and last traded at GBX 42.52 ($0.57). 7,322,054 shares were traded during mid-day trading, an increase of 117% from the average session volume of 3,369,798 shares. The stock had previously closed at GBX 58.95 ($0.79).

Mobico Group Stock Down 2.7 %

The firm's 50 day simple moving average is GBX 59.81 and its two-hundred day simple moving average is GBX 70.62. The stock has a market capitalization of £190.48 million, a P/E ratio of -1.35 and a beta of 1.60.

Mobico Group (LON:MCG - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported GBX (134.80) (($1.81)) earnings per share (EPS) for the quarter. Mobico Group had a negative net margin of 4.36% and a negative return on equity of 13.71%. As a group, equities research analysts expect that Mobico Group Plc will post 14.0227704 earnings per share for the current 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.