Mobico Group (LON:MCG) Stock Price Down 6.2% – What’s Next?

Mobico Group Plc (LON:MCG) shares were down 6.2% during trading on Wednesday . The company traded as low as GBX 56.50 ($0.75) and last traded at GBX 56.95 ($0.75). Approximately 902,591 shares changed hands during trading, a decline of 73% from the average daily volume of 3,389,744 shares. The stock had previously closed at GBX 60.70 ($0.80).

Mobico Group Stock Up 4.1 %

The business has a 50 day simple moving average of GBX 62.47 and a two-hundred day simple moving average of GBX 71.60. The firm has a market cap of £363.12 million, a PE ratio of -2.57 and a beta of 1.60.

Mobico Group Company Profile

Mobico Group is a leading international transport operator, diversified internationally and by business area; with operations in North America, continental Europe, the UK and North Africa.

We provide safe, efficient, clean and reliable shared mobility solutions to cities, businesses, education, healthcare and customers.

We are internationally diversified with a balanced portfolio of high quality contracts and market-leading customer brands.