Journeo (LON:JNEO) Trading Up 4.6% – Still a Buy?

Shares of Journeo plc (LON:JNEO – Get Free Report) traded up 4.6% during mid-day trading on Wednesday . The stock traded as high as GBX 479 and last traded at GBX 478.40. Approximately 41,388 shares were traded during trading, a decline of 31% from the average daily volume of 60,305 shares. The stock had previously closed at GBX 457.50.

Journeo Trading Up 4.6%

The company has a quick ratio of 0.85, a current ratio of 1.53 and a debt-to-equity ratio of 7.41. The firm’s 50-day simple moving average is GBX 428.90 and its 200-day simple moving average is GBX 440.80. The firm has a market capitalization of £84.56 million, a PE ratio of 20.08 and a beta of 0.30.

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About Journeo

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Journeo plc is a leading Intelligent Transport Systems provider, delivering solutions in towns, cities, airports and the public transport networks that connect them. The Company is focused on creating innovative public transport and related infrastructure solutions, contributing to safer and smarter city initiatives as transport of all types becomes more intelligent and connected.

The Company works at many levels with government organisations, local/combined authorities and many of the largest multinational transport operators.

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