Journeo (LON:JNEO) Trading Down 1.6% – What’s Next?

Journeo plc (LON:JNEO) shares fell 1.6% on Friday . The company traded as low as GBX 475 and last traded at GBX 475. 100,684 shares changed hands during trading, an increase of 35% from the average session volume of 74,732 shares. The stock had previously closed at GBX 482.50.

Journeo Trading Down 1.6%

The company has a debt-to-equity ratio of 2.46, a current ratio of 2.00 and a quick ratio of 0.85. The firm’s fifty day moving average is GBX 484.72 and its two-hundred day moving average is GBX 421.16. The firm has a market capitalization of £83.72 million, a PE ratio of 19.76 and a beta of 0.16.

Journeo (LON:JNEO) last announced its earnings results on Thursday, September 25th. The company reported GBX 13.01 earnings per share for the quarter. Journeo had a return on equity of 29.20% and a net margin of 8.20%. On average, equities analysts predict that Journeo plc will post 23.7877402 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Russ Singleton sold 217,742 shares of the business’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of GBX 450, for a total value of £979,839. Also, insider Nick Lowe sold 100,000 shares of the stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of GBX 450, for a total transaction of £450,000. 49.88% of the stock is owned by corporate insiders.

About Journeo

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.