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Trainline (LON:TRN) Shares Down 2.1% - Here's Why

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Trainline Plc (LON:TRN - Get Free Report)'s share price traded down 2.1% on Thursday . The stock traded as low as GBX 269.40 ($3.47) and last traded at GBX 274.90 ($3.54). 1,012,297 shares were traded during mid-day trading, a decline of 72% from the average session volume of 3,644,253 shares. The stock had previously closed at GBX 280.80 ($3.62).

Wall Street Analyst Weigh In

Several equities analysts have recently commented on TRN shares. JPMorgan Chase & Co. downgraded Trainline to a "neutral" rating and set a GBX 400 ($5.16) target price on the stock. in a research report on Wednesday, February 19th. Shore Capital reiterated a "buy" rating on shares of Trainline in a research report on Thursday, March 13th. Berenberg Bank reissued a "buy" rating and issued a GBX 490 ($6.32) target price on shares of Trainline in a research report on Wednesday, February 12th. Finally, Canaccord Genuity Group decreased their price target on shares of Trainline from GBX 500 ($6.44) to GBX 485 ($6.25) and set a "buy" rating on the stock in a research note on Thursday, March 13th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of GBX 442 ($5.70).

Check Out Our Latest Stock Analysis on Trainline

Trainline Trading Down 1.1 %

The firm's fifty day simple moving average is GBX 315.81 and its 200 day simple moving average is GBX 359.79. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. The stock has a market capitalization of £1.12 billion, a P/E ratio of 35.36 and a beta of 1.64.

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About Trainline

(Get Free Report)

Trainline's ambition is to bring together rail, coach and other travel services into one simple mobile experience so travellers can easily find the best prices for their journey and access smart, real-time travel information on the go. By making rail and coach travel easier, our aim is to encourage people all over the world to make more environmentally sustainable travel choices.

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