Mobico Group (LON:MCG) Trading Down 8.6% - Time to Sell?

Key Points

• Mobico Group (LON:MCG) shares fell 8.6% to GBX 23.68 on Tuesday, trading as low as GBX 23.28 on volume of 3,770,085 shares — down 64% from the average session volume.
• Analysts maintain a consensus "Hold" rating with a consensus price target of GBX 30; Royal Bank of Canada cut its target to GBX 25 while Berenberg reissued a GBX 35 target.
• The company has a market cap of £144.53m, reported negative quarterly EPS of GBX (19.20) and a negative net margin of 10.75%, with 50‑day and 200‑day SMAs near GBX 22.44 and GBX 23.51 respectively.

Mobico Group Plc (LON:MCG - Get Free Report) fell 8.6% on Tuesday . The stock traded as low as GBX 23.28 and last traded at GBX 23.68. 3,770,085 shares were traded during trading, a decline of 64% from the average session volume of 10,353,298 shares. The stock had previously closed at GBX 25.92.

Analyst Ratings Changes

Several research firms recently weighed in on MCG. Berenberg Bank reissued a "hold" rating and set a GBX 35 price objective on shares of Mobico Group in a report on Monday, January 19th. Royal Bank Of Canada cut their price objective on Mobico Group from GBX 30 to GBX 25 and set a "sector perform" rating on the stock in a report on Wednesday, March 25th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Mobico Group currently has an average rating of "Hold" and a consensus price target of GBX 30.

Mobico Group Stock Performance

The stock has a market capitalization of £144.53 million, a price-to-earnings ratio of -0.46 and a beta of 1.17. The company has a fifty day simple moving average of GBX 22.44 and a 200 day simple moving average of GBX 23.51.

Mobico Group (LON:MCG - Get Free Report) last announced its earnings results on Thursday, February 26th. The company reported GBX (19.20) EPS for the quarter. Mobico Group had a positive return on equity of 160.47% and a negative net margin of 10.75%. As a group, equities analysts predict that Mobico Group Plc will post 14.0227704 earnings per share for the current fiscal year.

About Mobico Group

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. We help millions of people around the world every day, getting them safely and reliably to work, school, to family and friends. We are leveraging our network economies to shape the future of multi-modal transport.

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