Mobico Group (LON:MCG) Stock Price Down 26.5% – Time to Sell?

Mobico Group Plc (LON:MCGGet Free Report) was down 26.5% during mid-day trading on Friday . The stock traded as low as GBX 43.20 ($0.58) and last traded at GBX 43.34 ($0.58). Approximately 5,618,533 shares changed hands during trading, an increase of 68% from the average daily volume of 3,344,204 shares. The stock had previously closed at GBX 58.95 ($0.78).

Mobico Group Stock Performance

The stock’s 50-day simple moving average is GBX 61.29 and its two-hundred day simple moving average is GBX 71.16. The stock has a market cap of £213.27 million, a price-to-earnings ratio of -1.51 and a beta of 1.60.

About Mobico Group

(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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