Mobico Group Plc (LON:MCG - Get Free Report)'s share price fell 3.5% during trading on Thursday after Berenberg Bank lowered their price target on the stock from GBX 66 to GBX 35. Berenberg Bank currently has a hold rating on the stock. Mobico Group traded as low as GBX 28.52 ($0.38) and last traded at GBX 29.42 ($0.40). 4,250,877 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 4,542,893 shares. The stock had previously closed at GBX 30.48 ($0.41).
Insider Buying and Selling at Mobico Group
In other news, insider Phil White bought 330,000 shares of the stock in a transaction dated Wednesday, May 14th. The stock was bought at an average price of GBX 29 ($0.39) per share, for a total transaction of £95,700 ($129,062.71). 26.06% of the stock is owned by corporate insiders.
Mobico Group Stock Performance
The business has a 50 day moving average price of GBX 28.85 and a two-hundred day moving average price of GBX 52.41. The stock has a market cap of £177.62 million, a PE ratio of -1.26 and a beta of 1.60.
Mobico Group (LON:MCG - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported GBX (134.80) (($1.82)) earnings per share 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, research analysts anticipate that Mobico Group Plc will post 14.0227704 earnings per share for the current year.
Mobico Group Company Profile
(
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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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