ME Group International plc (LON:MEGP – Get Free Report) rose 4.1% on Monday . The company traded as high as GBX 118 and last traded at GBX 116.74. 3,527,835 shares changed hands during trading, an increase of 6% from the average session volume of 3,328,919 shares. The stock had previously closed at GBX 112.11.
Analyst Ratings Changes
Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 230 target price on shares of ME Group International in a report on Monday, July 13th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, ME Group International currently has an average rating of “Buy” and an average target price of GBX 225.
Check Out Our Latest Stock Analysis on MEGP
ME Group International Price Performance
ME Group International (LON:MEGP – Get Free Report) last released its quarterly earnings results on Monday, July 13th. The company reported GBX 6.50 earnings per share (EPS) for the quarter. ME Group International had a net margin of 17.57% and a return on equity of 26.96%. Sell-side analysts anticipate that ME Group International plc will post 15.5344418 EPS for the current fiscal year.
ME Group International Company Profile
ME Group International plc (LSE: MEGP) is an international market leader in automated self-service equipment aimed at the consumer market, with over 49,000 vending units currently in operation.
The Group operates, sells and services a wide range of instant-service vending equipment across 16 countries in its key regions of Continental Europe, the UK & Republic of Ireland and Asia Pacific. The Group’s services include:
Core activities:
• Photo.ME – Photobooths and integrated biometric identification solutions
• Wash.ME – Unattended laundry services and launderettes
Ancillary activities:
• Print.ME – High-quality digital printing kiosks
• Other vending – Primarily foodservice vending equipment (Feed.ME), Children’s rides (Amuse.ME), Photocopier services (Copy.ME)
The Group has a proven track record of innovation and diversification of its products and services, enabling it to respond to the evolving needs of its customers and consumers.
The Group benefits from well-established partnerships and long-term contracts with major site owners in attractive, high-footfall locations, enabling it to offer multiple products and services onsite.
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