Mobico Group (LON:MCG) Trading Down 40.9% - Here's Why

Mobico Group Plc (LON:MCG - Get Free Report)'s share price traded down 40.9% during mid-day trading on Saturday . The company traded as low as GBX 34.02 ($0.46) and last traded at GBX 34.82 ($0.47). 26,666,250 shares were traded during mid-day trading, an increase of 638% from the average session volume of 3,611,600 shares. The stock had previously closed at GBX 58.95 ($0.79).

Mobico Group Trading Down 2.7 %

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

Mobico Group (LON:MCG - Get Free Report) last issued its 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 return on equity of 13.71% and a negative net margin of 4.36%. Analysts predict that Mobico Group Plc will post 14.0227704 EPS for the current fiscal 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.