Pod Point Group (LON:PODP) Trading Down 1.9% – What’s Next?

Pod Point Group Holdings Plc (LON:PODP)’s share price dropped 1.9% during mid-day trading on Monday . The stock traded as low as GBX 6.30 ($0.08) and last traded at GBX 6.30 ($0.08). Approximately 71,308 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 565,171 shares. The stock had previously closed at GBX 6.42 ($0.09).

Pod Point Group Stock Down 1.9%

The company’s fifty day moving average price is GBX 6.36 and its 200-day moving average price is GBX 7.33. The stock has a market cap of £9.59 million, a P/E ratio of -0.16 and a beta of 1.25. The company has a debt-to-equity ratio of 5.11, a quick ratio of 2.97 and a current ratio of 1.45.

Pod Point Group (LON:PODP) last released its earnings results on Thursday, June 12th. The company reported GBX 54 earnings per share (EPS) for the quarter. Pod Point Group had a negative net margin of 97.79% and a negative return on equity of 64.39%.

About Pod Point Group

Pod Point was founded in 2009. Driven by a belief that driving shouldn’t cost the earth, Pod Point is building the infrastructure needed to enable the mass adoption of electric vehicles and to make living with an EV easy and affordable for everyone. As at 30 October 2023 the company has shipped more than 222k charge points on its network in the UK and is an official charge point supplier for major car brands.

Pod Point works with a broad range of organisations and customers to offer home and commercial charging solutions.