Trainline (LON:TRN) Shares Down 7.6% - Time to Sell?

Trainline Plc (LON:TRN - Get Free Report)'s stock price dropped 7.6% during trading on Wednesday . The company traded as low as GBX 254.60 ($3.38) and last traded at GBX 258.60 ($3.44). Approximately 1,255,140 shares changed hands during trading, a decline of 58% from the average daily volume of 2,971,786 shares. The stock had previously closed at GBX 280 ($3.72).

Analyst Ratings Changes

TRN has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. downgraded Trainline to a "neutral" rating and set a GBX 400 ($5.31) price target on the stock. in a research report on Wednesday, February 19th. Shore Capital reaffirmed a "buy" rating on shares of Trainline in a research note on Wednesday, May 7th. Berenberg Bank reissued a "buy" rating and issued a GBX 490 ($6.51) price target on shares of Trainline in a report on Wednesday, February 12th. Finally, Canaccord Genuity Group dropped their target price on shares of Trainline from GBX 500 ($6.64) to GBX 485 ($6.44) and set a "buy" rating on the stock in a research report on Thursday, March 13th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Trainline has a consensus rating of "Moderate Buy" and a consensus target price of GBX 457.50 ($6.08).

Trainline Stock Performance

The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. The firm's 50 day simple moving average is GBX 282.16 and its 200-day simple moving average is GBX 350.15. The company has a market cap of £1.11 billion, a price-to-earnings ratio of 35.09 and a beta of 1.64.

Trainline (LON:TRN - Get Free Report) last released 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%. On average, sell-side analysts predict that Trainline Plc will post 16.8458781 EPS for the current year.

Insider Activity at Trainline

In other news, insider Jody Ford sold 446,488 shares of the company's stock in a transaction that occurred on Wednesday, May 7th. The shares were sold at an average price of GBX 264 ($3.51), for a total value of £1,178,728.32 ($1,566,208.24). 4.08% of the stock is currently 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.