Mobico Group (LON:MCG) Trading Down 27.9% – Time to Sell?

Mobico Group Plc (LON:MCGGet Free Report) dropped 27.9% during mid-day trading on Friday . The stock traded as low as GBX 41.92 ($0.56) and last traded at GBX 42.52 ($0.57). Approximately 7,322,054 shares were traded during mid-day trading, an increase of 117% from the average daily volume of 3,369,798 shares. The stock had previously closed at GBX 58.95 ($0.79).

Mobico Group Price Performance

The firm’s 50-day moving average price is GBX 62 and its 200 day moving average price is GBX 71.43. The firm has a market capitalization of £259.70 million, a price-to-earnings ratio of -1.84 and a beta of 1.60.

About Mobico Group

(Get Free Report)

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.

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