Mobico Group (LON:MCG) Insider Sells £66,091.07 in Stock

Mobico Group Plc (LON:MCG) insider Phil White sold 213,197 shares of Mobico Group stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of GBX 31, for a total transaction of £66,091.07.

Mobico Group Trading Down 8.8%

Shares of LON:MCG traded down GBX 2.61 on Thursday, hitting GBX 26.99. The company had a trading volume of 14,951,477 shares, compared to its average volume of 8,976,291. The stock has a market cap of £164.74 million, a price-to-earnings ratio of -0.52 and a beta of 1.31. Mobico Group Plc has a 1-year low of GBX 17.06 and a 1-year high of GBX 38.12. The stock has a 50 day moving average price of GBX 23.80 and a 200 day moving average price of GBX 23.12.

Mobico Group (LON:MCG) last issued its quarterly earnings data on Wednesday, July 29th. The company reported GBX (22.62) EPS for the quarter. Mobico Group had a negative net margin of 10.75% and a positive return on equity of 160.47%. Sell-side analysts anticipate that Mobico Group Plc will post 14.0227704 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 70 target price on shares of Mobico Group in a research report on Wednesday. Berenberg Bank reiterated a “hold” rating and set a GBX 35 price objective on shares of Mobico Group in a research report on Wednesday. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of GBX 43.33.

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.

We help millions of people around the world every day, getting them safely and reliably to work, school, to family and friends.

We are leveraging our network economies to shape the future of multi-modal transport.