Trainline (LON:TRN) Trading Down 1% - Should You Sell?

Trainline Plc (LON:TRN - Get Free Report)'s share price dropped 1% during mid-day trading on Monday . The company traded as low as GBX 260.80 ($3.53) and last traded at GBX 268 ($3.63). Approximately 486,894 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 2,781,842 shares. The stock had previously closed at GBX 270.60 ($3.66).

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TRN shares. JPMorgan Chase & Co. lowered shares of Trainline to a "neutral" rating and set a GBX 400 ($5.41) target price on the stock. in a research note on Wednesday, February 19th. Canaccord Genuity Group cut their target price on shares of Trainline from GBX 500 ($6.76) to GBX 485 ($6.56) and set a "buy" rating on the stock in a research note on Thursday, March 13th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 490 ($6.63) target price on shares of Trainline in a research note on Wednesday, February 12th. Finally, Shore Capital reaffirmed a "buy" rating on shares of Trainline in a research note on Wednesday, May 7th.

Trainline Price Performance

The business's 50 day moving average price is GBX 275.59 and its two-hundred day moving average price is GBX 335.88. The stock has a market cap of £1.21 billion, a P/E ratio of 38.24 and a beta of 1.64. The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07.

Trainline (LON:TRN - Get Free Report) last issued its quarterly earnings results 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, sell-side analysts expect that Trainline Plc will post 16.8458781 earnings per share for the current fiscal year.

Insider Activity at Trainline

In other Trainline news, insider Peter Wood sold 10,405 shares of Trainline stock in a transaction dated Monday, May 12th. The shares were sold at an average price of GBX 257 ($3.48), for a total value of £26,740.85 ($36,175.39). Also, insider Jody Ford sold 446,488 shares of Trainline stock in a transaction dated Wednesday, May 7th. The stock was sold at an average price of GBX 264 ($3.57), for a total transaction of £1,178,728.32 ($1,594,600.00). Insiders sold a total of 531,231 shares of company stock valued at $139,651,783 in the last three months. Company insiders own 4.08% of the company's stock.

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.