Mobico Group (LON:MCG) Shares Down 40.9% – What’s Next?

Mobico Group Plc (LON:MCGGet Free Report) dropped 40.9% on Friday . The stock traded as low as GBX 34.02 ($0.45) and last traded at GBX 34.82 ($0.46). Approximately 26,666,250 shares changed hands during mid-day trading, an increase of 638% from the average daily volume of 3,611,600 shares. The stock had previously closed at GBX 58.95 ($0.78).

Mobico Group Price Performance

The stock has a market capitalization of £213.27 million, a price-to-earnings ratio of -1.51 and a beta of 1.60. The stock has a 50 day moving average price of GBX 61.29 and a 200-day moving average price of GBX 71.16.

Mobico Group Company Profile

(Get Free Report)

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.

Further Reading

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