Journeo (LON:JNEO) Trading at GBX 542.27

Key Points

• Journeo shares were essentially unchanged, closing at GBX 542.27 after reaching GBX 546, while trading volume fell 31% below its average.
• The company reported quarterly EPS of GBX 13.85, an 18.0% return on equity and a 6.41% net margin; analysts expect full-year EPS of GBX 23.79.
• Insiders sold a combined 124,822 shares worth approximately £656,267, though insiders still own 49.77% of the company.

Journeo plc (LON:JNEO - Get Free Report) shares shot up 0% during trading on Monday. The stock traded as high as GBX 546 and last traded at GBX 542.27. Approximately 46,273 shares changed hands during trading, a decline of 31% from the average daily volume of 66,628 shares. The stock had previously closed at GBX 542.

Journeo Stock Up 0.0%

The business has a 50-day simple moving average of GBX 534.18 and a two-hundred day simple moving average of GBX 466.18. The company has a debt-to-equity ratio of 6.39, a quick ratio of 0.85 and a current ratio of 1.66. The company has a market capitalization of £96.36 million, a price-to-earnings ratio of 21.76 and a beta of 0.30.

Journeo (LON:JNEO - Get Free Report) last released its earnings results on Tuesday, September 8th. The company reported GBX 13.85 earnings per share (EPS) for the quarter. Journeo had a return on equity of 18.00% and a net margin of 6.41%. As a group, equities analysts predict that Journeo plc will post 23.79 EPS for the current year.

Insiders Place Their Bets

In other Journeo news, insider Nick Lowe sold 20,000 shares of the company's stock in a transaction on Monday, September 21st. The shares were sold at an average price of GBX 535, for a total transaction of £107,000. Also, insider Russ Singleton sold 104,822 shares of the firm's stock in a transaction on Monday, September 21st. The stock was sold at an average price of GBX 524, for a total transaction of £549,267.28. Company insiders own 49.77% of the company's stock.

Journeo Company Profile

Journeo plc is a leading Intelligent Transport Systems provider, delivering solutions in towns, cities, airports and the public transport networks that connect them. The Company is focused on creating innovative public transport and related infrastructure solutions, contributing to safer and smarter city initiatives as transport of all types becomes more intelligent and connected. The Company works at many levels with government organisations, local/combined authorities and many of the largest multinational transport operators.

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