Pod Point Group (LON:PODP) Shares Down 1.9% – Here’s What Happened

Pod Point Group Holdings Plc (LON:PODP) traded down 1.9% on Wednesday . The company traded as low as GBX 6.30 and last traded at GBX 6.30. 71,308 shares traded hands during trading, a decline of 87% from the average session volume of 565,171 shares. The stock had previously closed at GBX 6.42.

Pod Point Group Stock Down 1.9%

The company has a quick ratio of 2.97, a current ratio of 0.94 and a debt-to-equity ratio of 21.30. The business has a fifty day simple moving average of GBX 6.30 and a two-hundred day simple moving average of GBX 6.30. The company has a market capitalization of £9.59 million, a price-to-earnings ratio of -0.16 and a beta of 1.25.

About Pod Point Group

Pod Point was founded in 2009. Driven by a belief that driving shouldn’t cost the earth, Pod Point is building the infrastructure needed to enable the mass adoption of electric vehicles and to make living with an EV easy and affordable for everyone. As at 30 October 2023 the company has shipped more than 222k charge points on its network in the UK and is an official charge point supplier for major car brands.

Pod Point works with a broad range of organisations and customers to offer home and commercial charging solutions.