Journeo (LON:JNEO) Hits New 1-Year High – Still a Buy?

Journeo plc (LON:JNEO)’s stock price reached a new 52-week high on Wednesday. The stock traded as high as GBX 560 and last traded at GBX 554.25, with a volume of 79,515 shares trading hands. The stock had previously closed at GBX 555.

Journeo Trading Down 4.1%

The business’s 50-day moving average is GBX 541.07 and its two-hundred day moving average is GBX 468.72. The company has a current ratio of 1.66, a quick ratio of 0.85 and a debt-to-equity ratio of 6.39. The stock has a market capitalization of £96.31 million, a PE ratio of 21.75 and a beta of 0.30.

Journeo (LON:JNEO) last announced its quarterly earnings results on Tuesday, September 8th. The company reported GBX 13.85 earnings per share (EPS) for the quarter. Journeo had a return on equity of 18.00% and a net margin of 6.41%. On average, analysts predict that Journeo plc will post 23.79 earnings per share for the current year.

Insider Activity

In other news, insider Russ Singleton sold 104,822 shares of the stock in a transaction dated Monday, September 21st. The stock was sold at an average price of GBX 524, for a total value of £549,267.28. Also, insider Nick Lowe sold 20,000 shares of the firm’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of GBX 535, for a total value of £107,000. 49.77% of the stock is owned by corporate insiders.

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.