Pod Point Group (LON:PODP) Shares Down 3.4% – What’s Next?

Shares of Pod Point Group Holdings Plc (LON:PODP) traded down 3.4% during mid-day trading on Monday . The stock traded as low as GBX 12.10 ($0.15) and last traded at GBX 12.39 ($0.16). 1,879,041 shares traded hands during trading, an increase of 515% from the average session volume of 305,656 shares. The stock had previously closed at GBX 12.82 ($0.16).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 60 ($0.75) price objective on shares of Pod Point Group in a research note on Wednesday, September 11th.

Pod Point Group Trading Down 0.7 %

The business has a 50 day moving average of GBX 13.80 and a two-hundred day moving average of GBX 17.60. The firm has a market capitalization of £19.18 million, a price-to-earnings ratio of -27.95 and a beta of 1.25. The company has a debt-to-equity ratio of 6.20, a quick ratio of 2.97 and a current ratio of 1.45.

Insider Activity

In other Pod Point Group news, insider Melanie Lane bought 400,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were bought at an average price of GBX 13 ($0.16) per share, for a total transaction of £52,000 ($65,187.41). Corporate insiders own 57.59% of the company’s stock.

Pod Point Group Company Profile

Pod Point Group Holdings Plc, together with its subsidiaries, engages in the development and supply of equipment and systems for recharging electric vehicles (EV) in the United Kingdom and Norway. It is involved in the installation and operation of EV charging points for home, workplace, destination, and en-route places.