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Mobico Group (LON:MCG) Stock Price Down 6.2% - What's Next?

Mobico Group logo with Industrials background

Shares of Mobico Group Plc (LON:MCG - Get Free Report) traded down 6.2% during trading on Wednesday . The stock traded as low as GBX 56.50 ($0.75) and last traded at GBX 56.95 ($0.76). 902,591 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 3,389,744 shares. The stock had previously closed at GBX 60.70 ($0.81).

Mobico Group Price Performance

The business's 50-day moving average is GBX 61.29 and its 200 day moving average is GBX 71.16. The firm has a market capitalization of £213.27 million, a P/E ratio of -1.51 and a beta of 1.60.

About Mobico Group

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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.

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