Trainline (LON:TRN) Stock Price Down 6.7% – Should You Sell?

Trainline Plc (LON:TRN)’s stock price fell 6.7% during trading on Wednesday . The company traded as low as GBX 315.60 ($4.00) and last traded at GBX 322.80 ($4.09). 932,309 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 1,999,185 shares. The stock had previously closed at GBX 346 ($4.38).

Analysts Set New Price Targets

A number of research firms recently commented on TRN. Shore Capital restated a “buy” rating on shares of Trainline in a report on Thursday, November 7th. JPMorgan Chase & Co. downgraded Trainline to a “neutral” rating and set a GBX 400 ($5.07) price objective on the stock. in a report on Wednesday. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 490 ($6.21) price objective on shares of Trainline in a report on Wednesday, February 12th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 431.25 ($5.46).

Trainline Stock Up 1.1 %

The stock has a market cap of £1.41 billion, a P/E ratio of 44.44 and a beta of 1.64. The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07. The business has a 50-day simple moving average of GBX 389.75 and a 200-day simple moving average of GBX 363.67.

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.