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

Mobico Group Plc (LON:MCG - Get Free Report)'s share price dropped 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 were traded during 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 Up 2.1 %

The company's fifty day moving average price is GBX 59.04 and its two-hundred day moving average price 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 announced its earnings results on Tuesday, April 29th. The company reported GBX (134.80) (($1.79)) EPS for the quarter. Mobico Group had a negative return on equity of 13.71% and a negative net margin of 4.36%. Research analysts forecast 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.