Mobico Group (LON:MCG) Trading Down 40.9% – Time to Sell?

Mobico Group Plc (LON:MCGGet Free Report) traded down 40.9% during mid-day trading on Friday . The company traded as low as GBX 34.02 ($0.45) and last traded at GBX 34.82 ($0.46). 26,666,250 shares were traded during trading, an increase of 638% from the average session volume of 3,611,600 shares. The stock had previously closed at GBX 58.95 ($0.78).

Mobico Group Stock Performance

The business’s 50-day moving average is GBX 61.29 and its 200-day moving average is GBX 71.16. The company has a market capitalization of £213.27 million, a PE ratio of -1.51 and a beta of 1.60.

Mobico Group Company Profile

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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.

Further Reading

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