Shares of Mobico Group Plc (LON:MCG - Get Free Report) were down 2.8% during mid-day trading on Tuesday . The stock traded as low as GBX 68.25 ($0.89) and last traded at GBX 68.30 ($0.89). Approximately 645,183 shares changed hands during trading, a decline of 71% from the average daily volume of 2,251,580 shares. The stock had previously closed at GBX 70.25 ($0.91).
Analyst Ratings Changes
Several brokerages have commented on MCG. Berenberg Bank restated a "hold" rating and set a GBX 66 ($0.86) price target on shares of Mobico Group in a research note on Thursday, August 22nd. Royal Bank of Canada raised their target price on Mobico Group from GBX 65 ($0.84) to GBX 70 ($0.91) and gave the company a "sector perform" rating in a research note on Friday, August 23rd.
View Our Latest Stock Report on MCG
Mobico Group Trading Up 4.6 %
The firm has a market cap of £438.77 million, a P/E ratio of -311.47 and a beta of 1.60. The business's 50-day moving average is GBX 71.10 and its two-hundred day moving average is GBX 60.93.
Mobico Group Company Profile
(
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Mobico Group Plc engages in providing public transport services in the United Kingdom, Germany, Spain, Morocco, Switzerland, the United States, Canada, France, and Portugal. The company operates through UK, German Rail, ALSA, and North America segments. It owns and leases vehicles. The company also provides student transportation, urban bus, regional/long haul coach, rail, and charter and other services; transit and scheduled coach services; and private hire and commuter coach travel services.
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