Mobico Group (LON:MCG) Shares Down 40.9% - Time to Sell?

Mobico Group Plc (LON:MCG - Get Free Report)'s stock price dropped 40.9% during trading on Saturday . The stock traded as low as GBX 34.02 ($0.46) and last traded at GBX 34.82 ($0.47). Approximately 26,666,250 shares changed hands during trading, an increase of 638% from the average daily volume of 3,611,600 shares. The stock had previously closed at GBX 58.95 ($0.79).

Mobico Group Price Performance

The firm's 50 day moving average is GBX 60.56 and its 200 day moving average is GBX 70.89. The firm has a market cap of £195.75 million, a P/E ratio of -1.39 and a beta of 1.60.

Mobico Group (LON:MCG - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported GBX (134.80) (($1.81)) earnings per share (EPS) for the quarter. Mobico Group had a negative return on equity of 13.71% and a negative net margin of 4.36%. As a group, analysts expect that Mobico Group Plc will post 14.0227704 EPS for the current year.

Mobico Group Company Profile

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.