Journeo (LON:JNEO) Stock Price Up 4.6% – Here’s Why

Journeo plc (LON:JNEO) shot up 4.6% during mid-day trading on Wednesday . The company traded as high as GBX 479 and last traded at GBX 478.40. 41,388 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 60,305 shares. The stock had previously closed at GBX 457.50.

Journeo Stock Performance

The company has a market capitalization of £84.56 million, a price-to-earnings ratio of 20.08 and a beta of 0.30. The company has a 50 day moving average price of GBX 428.90 and a 200 day moving average price of GBX 440.80. The company has a debt-to-equity ratio of 7.41, a quick ratio of 0.85 and a current ratio of 1.53.

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.