Journeo (LON:JNEO) Shares Up 2.8% – Here’s What Happened

Journeo plc (LON:JNEO) traded up 2.8% on Thursday . The stock traded as high as GBX 274.40 ($3.47) and last traded at GBX 274.40 ($3.47). 26,893 shares changed hands during trading, a decline of 66% from the average session volume of 80,070 shares. The stock had previously closed at GBX 267 ($3.37).

Journeo Trading Down 0.6 %

The firm has a fifty day simple moving average of GBX 282.55 and a two-hundred day simple moving average of GBX 284. The firm has a market capitalization of £45.91 million, a P/E ratio of 10.90 and a beta of 0.16. The company has a debt-to-equity ratio of 2.46, a current ratio of 2.00 and a quick ratio of 0.85.

Journeo Company Profile

Journeo plc is a leading Intelligent Transport Systems provider, delivering solutions in towns, cities, airports and the public transport networks that connect them. The Company is focused on creating innovative public transport and related infrastructure solutions, contributing to safer and smarter city initiatives as transport of all types becomes more intelligent and connected.

The Company works at many levels with government organisations, local/combined authorities and many of the largest multinational transport operators.