Mobico Group (LON:MCG) Stock Price Down 40.9% – Here’s Why

Shares of Mobico Group Plc (LON:MCGGet Free Report) fell 40.9% during mid-day trading on Saturday . The stock traded as low as GBX 34.02 ($0.45) and last traded at GBX 34.82 ($0.46). 26,666,250 shares traded hands during trading, an increase of 638% from the average session volume of 3,611,600 shares. The stock had previously closed at GBX 58.95 ($0.78).

Mobico Group Stock Performance

The company has a market cap of £213.27 million, a P/E ratio of -1.51 and a beta of 1.60. The stock has a 50 day moving average price of GBX 61.29 and a 200 day moving average price of 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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