Journeo (LON:JNEO) Trading Down 0.8% – Here’s Why

Journeo plc (LON:JNEO)’s stock price fell 0.8% during trading on Friday . The company traded as low as GBX 473.84 and last traded at GBX 473.84. 215,660 shares were traded during mid-day trading, an increase of 248% from the average daily volume of 61,892 shares. The stock had previously closed at GBX 477.50.

Journeo Trading Down 0.8%

The business has a fifty day moving average price of GBX 452.10 and a two-hundred day moving average price of GBX 438.15. The company has a current ratio of 1.53, a quick ratio of 0.85 and a debt-to-equity ratio of 7.41. The firm has a market capitalization of £83.75 million, a PE ratio of 19.88 and a beta of 0.30.

About Journeo

Journeo plc is a leading Intelligent Transport Systems provider, delivering solutions in towns, cities, airports and the public transport networks that connect them. The Company is focused on creating innovative public transport and related infrastructure solutions, contributing to safer and smarter city initiatives as transport of all types becomes more intelligent and connected.

The Company works at many levels with government organisations, local/combined authorities and many of the largest multinational transport operators.