Pod Point Group (LON:PODP) Stock Price Down 26.1% – Should You Sell?

Pod Point Group Holdings Plc (LON:PODPGet Free Report)’s stock price was down 26.1% during mid-day trading on Monday . The company traded as low as GBX 10.50 ($0.13) and last traded at GBX 12.28 ($0.15). Approximately 1,474,557 shares changed hands during mid-day trading, an increase of 137% from the average daily volume of 622,872 shares. The stock had previously closed at GBX 16.62 ($0.20).

Pod Point Group Stock Performance

The company’s fifty day simple moving average is GBX 13.70 and its 200 day simple moving average is GBX 16.46. The firm has a market capitalization of £19.14 million, a PE ratio of -27.91 and a beta of 1.25. The company has a debt-to-equity ratio of 6.20, a current ratio of 1.45 and a quick ratio of 2.97.

Insider Activity at Pod Point Group

In other news, insider Melanie Lane acquired 400,000 shares of the stock in a transaction dated Monday, December 2nd. The stock was purchased at an average cost of GBX 13 ($0.16) per share, with a total value of £52,000 ($63,244.95). 57.59% of the stock is owned by corporate insiders.

About Pod Point Group

(Get Free Report)

Pod Point was founded in 2009. Driven by a belief that driving shouldn’t cost the earth, Pod Point is building the infrastructure needed to enable the mass adoption of electric vehicles and to make living with an EV easy and affordable for everyone. As at 30 October 2023 the company has shipped more than 222k charge points on its network in the UK and is an official charge point supplier for major car brands.

Pod Point works with a broad range of organisations and customers to offer home and commercial charging solutions.

Further Reading

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