Mobico Group (LON:MCG) Trading Down 31.9% – Should You Sell?

Mobico Group Plc (LON:MCG)’s stock price traded down 31.9% during trading on Friday . The company traded as low as GBX 38.18 ($0.51) and last traded at GBX 40.14 ($0.53). 11,145,232 shares were traded during trading, an increase of 226% from the average session volume of 3,417,588 shares. The stock had previously closed at GBX 58.95 ($0.78).

Mobico Group Stock Down 40.9 %

The company has a market cap of £213.27 million, a P/E ratio of -1.51 and a beta of 1.60. The firm’s 50 day moving average is GBX 61.29 and its two-hundred day moving average is GBX 71.16.

Mobico Group Company Profile

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.