Mobico Group (LON:MCG) Shares Down 3.8% – Here’s Why

Mobico Group Plc (LON:MCGGet Free Report) was down 3.8% during trading on Tuesday . The company traded as low as GBX 77.15 ($0.96) and last traded at GBX 77.45 ($0.97). Approximately 990,016 shares were traded during mid-day trading, an increase of 17% from the average daily volume of 845,911 shares. The stock had previously closed at GBX 80.55 ($1.00).

Mobico Group Stock Performance

The stock has a market capitalization of £473.67 million, a PE ratio of -335.36 and a beta of 1.60. The company’s fifty day simple moving average is GBX 79.42 and its two-hundred day simple moving average is GBX 68.22.

Mobico Group Company Profile

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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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