Brian Egan Sells 89,470 Shares of Mobico Group (LON:MCG) Stock

Mobico Group Plc (LON:MCG) insider Brian Egan sold 89,470 shares of Mobico Group stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of GBX 31, for a total value of £27,735.70.

Mobico Group Stock Performance

LON MCG traded down GBX 2.61 during trading on Thursday, hitting GBX 26.99. 14,951,477 shares of the company’s stock traded hands, compared to its average volume of 8,976,291. The stock has a market capitalization of £164.74 million, a price-to-earnings ratio of -0.52 and a beta of 1.31. Mobico Group Plc has a 12-month low of GBX 17.06 and a 12-month high of GBX 38.12. The business has a 50 day moving average of GBX 23.80 and a 200-day moving average of GBX 23.12.

Mobico Group (LON:MCG) last posted its earnings results on Wednesday, July 29th. The company reported GBX (22.62) earnings per share for the quarter. Mobico Group had a positive return on equity of 160.47% and a negative net margin of 10.75%. On average, analysts expect that Mobico Group Plc will post 14.0227704 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Berenberg Bank reissued a “hold” rating and set a GBX 35 target price on shares of Mobico Group in a report on Wednesday. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 70 price target on shares of Mobico Group in a research report on Wednesday. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of GBX 43.33.

Mobico Group Company Profile

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.

We help millions of people around the world every day, getting them safely and reliably to work, school, to family and friends.

We are leveraging our network economies to shape the future of multi-modal transport.