Journeo (LON:JNEO) Shares Down 1.7% – Here’s What Happened

Journeo plc (LON:JNEO)’s stock price fell 1.7% on Tuesday . The stock traded as low as GBX 400 and last traded at GBX 401. 16,911 shares traded hands during trading, a decline of 74% from the average session volume of 64,999 shares. The stock had previously closed at GBX 408.05.

Journeo Stock Down 1.7%

The business’s fifty day moving average price is GBX 409.26 and its 200 day moving average price is GBX 449.16. The firm has a market capitalization of £70.88 million, a price-to-earnings ratio of 16.83 and a beta of 0.34. The company has a current ratio of 1.53, a quick ratio of 0.85 and a debt-to-equity ratio of 7.41.

Journeo (LON:JNEO) last announced its earnings results on Tuesday, March 24th. The company reported GBX 24.30 EPS for the quarter. Journeo had a net margin of 7.55% and a return on equity of 19.46%. On average, equities analysts expect that Journeo plc will post 23.7877402 EPS for the current year.

About Journeo

Journeo plc is a leading Intelligent Transport Systems provider, delivering solutions in towns, cities, airports and the public transport networks that connect them. The Company is focused on creating innovative public transport and related infrastructure solutions, contributing to safer and smarter city initiatives as transport of all types becomes more intelligent and connected.

The Company works at many levels with government organisations, local/combined authorities and many of the largest multinational transport operators.