Mobico Group (LON:MCG) Shares Down 27.9% – Time to Sell?

Mobico Group Plc (LON:MCGGet Free Report) fell 27.9% during trading on Friday . The company traded as low as GBX 41.92 ($0.56) and last traded at GBX 42.52 ($0.57). 7,322,054 shares were traded during mid-day trading, an increase of 117% from the average session volume of 3,369,798 shares. The stock had previously closed at GBX 58.95 ($0.78).

Mobico Group Price Performance

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

Mobico Group Company Profile

(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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