Free Trial

Mobico Group (LON:MCG) Trading Down 6.2% - Here's Why

Mobico Group logo with Industrials background

Mobico Group Plc (LON:MCG - Get Free Report) dropped 6.2% on Wednesday . The company traded as low as GBX 56.50 ($0.75) and last traded at GBX 56.95 ($0.76). Approximately 902,591 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 3,389,744 shares. The stock had previously closed at GBX 60.70 ($0.81).

Mobico Group Stock Down 3.3 %

The company has a market capitalization of £206.32 million, a price-to-earnings ratio of -1.46 and a beta of 1.60. The stock's 50-day moving average price is GBX 61.29 and its 200-day moving average price is GBX 71.16.

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.

See Also

Should You Invest $1,000 in Mobico Group Right Now?

Before you consider Mobico Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mobico Group wasn't on the list.

While Mobico Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

This $13 Trillion Energy Breakthrough Will Make Millionaires
Magnificent 7 Stocks Shift Toward Stability and Selective Growth
4 Biotech Stocks on the Verge of Massive Breakthroughs

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines