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Trainline (LON:TRN) Stock Price Down 0.2% - Here's What Happened

Trainline logo with Consumer Cyclical background

Shares of Trainline Plc (LON:TRN - Get Free Report) dropped 0.2% on Friday . The stock traded as low as GBX 392.80 ($5.00) and last traded at GBX 407.80 ($5.19). Approximately 487,671 shares changed hands during trading, a decline of 63% from the average daily volume of 1,317,386 shares. The stock had previously closed at GBX 408.60 ($5.20).

Analyst Upgrades and Downgrades

TRN has been the topic of several recent analyst reports. Shore Capital reiterated a "buy" rating on shares of Trainline in a report on Thursday, November 7th. Berenberg Bank boosted their price target on Trainline from GBX 475 ($6.05) to GBX 490 ($6.24) and gave the company a "buy" rating in a report on Thursday, November 7th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of GBX 433.75 ($5.52).

Read Our Latest Stock Report on TRN

Trainline Trading Down 0.2 %

The company has a market capitalization of £1.81 billion, a P/E ratio of 5,825.71 and a beta of 1.64. The business has a fifty day moving average price of GBX 363.86 and a 200 day moving average price of GBX 335.47. The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07.

Insider Activity at Trainline

In related news, insider Marie Lalleman bought 4,950 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were acquired at an average price of GBX 400 ($5.09) per share, with a total value of £19,800 ($25,219.72). 4.08% of the stock is owned by company insiders.

Trainline Company Profile

(Get Free Report)

Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally. It operates through three segments: UK Consumer, International Consumer, and Trainline Solutions. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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