Trainline (LON:TRN) Stock Price Down 0.5% - Here's What Happened

Trainline Plc (LON:TRN - Get Free Report) shares were down 0.5% on Monday . The stock traded as low as GBX 285.20 ($3.83) and last traded at GBX 286.60 ($3.85). Approximately 1,003,295 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 3,099,369 shares. The stock had previously closed at GBX 288 ($3.87).

Analysts Set New Price Targets

Several equities research analysts have weighed in on TRN shares. Berenberg Bank restated a "buy" rating and issued a GBX 490 ($6.58) target price on shares of Trainline in a research note on Wednesday, February 12th. JPMorgan Chase & Co. downgraded shares of Trainline to a "neutral" rating and set a GBX 400 ($5.37) target price for the company. in a research note on Wednesday, February 19th. Canaccord Genuity Group lowered their target price on shares of Trainline from GBX 500 ($6.72) to GBX 485 ($6.52) and set a "buy" rating for the company in a research note on Thursday, March 13th. Finally, Shore Capital restated a "buy" rating on shares of Trainline in a research note on Thursday, March 13th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Trainline has an average rating of "Moderate Buy" and a consensus price target of GBX 442 ($5.94).

Trainline Trading Down 0.5 %

The stock's fifty day simple moving average is GBX 287.87 and its 200-day simple moving average is GBX 353.10. The firm has a market cap of £1.24 billion, a PE ratio of 39.28 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52.

About Trainline

Trainline's ambition is to bring together rail, coach and other travel services into one simple mobile experience so travellers can easily find the best prices for their journey and access smart, real-time travel information on the go. By making rail and coach travel easier, our aim is to encourage people all over the world to make more environmentally sustainable travel choices.

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