Trainline (LON:TRN) Stock Price Up 0.1% - Still a Buy?

Key Points

• Trainline's share price increased by 0.1%, trading at GBX 270 ($3.61) with a significant decline in trading volume compared to its average.
• Shore Capital reissued a "buy" rating on Trainline shares, indicating positive sentiment among analysts.
• Insiders at Trainline have recently sold shares, with Jody Ford selling 74,338 shares for approximately £191,049 ($255,208), indicating insider activity that may affect market perception.

Trainline Plc (LON:TRN - Get Free Report) traded up 0.1% during mid-day trading on Wednesday . The company traded as high as GBX 280 ($3.77) and last traded at GBX 270 ($3.63). 567,657 shares were traded during mid-day trading, a decline of 74% from the average session volume of 2,187,786 shares. The stock had previously closed at GBX 269.60 ($3.63).

Analysts Set New Price Targets

Separately, Shore Capital restated a "buy" rating on shares of Trainline in a research report on Wednesday, May 7th.

Trainline Trading Down 2.5%

The company has a market capitalization of £1.15 billion, a price-to-earnings ratio of 36.30 and a beta of 1.64. The firm has a fifty day moving average price of GBX 274.92 and a 200-day moving average price of GBX 290.81. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68.

Trainline (LON:TRN - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported GBX 19.20 ($0.26) earnings per share (EPS) for the quarter. Trainline had a net margin of 8.57% and a return on equity of 10.88%. As a group, equities analysts anticipate that Trainline Plc will post 16.8458781 EPS for the current year.

Insider Activity at Trainline

In related news, insider Jody Ford sold 74,338 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of GBX 257 ($3.46), for a total value of £191,048.66 ($256,958.52). Also, insider Peter Wood sold 10,405 shares of the business's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of GBX 257 ($3.46), for a total value of £26,740.85 ($35,966.17). 4.08% of the stock is owned by insiders.

Trainline Company Profile

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.