Mobico Group (LON:MCG) Shares Down 3.8% – Here’s What Happened

Mobico Group Plc (LON:MCG)’s share price was down 3.8% on Tuesday . The stock traded as low as GBX 77.15 ($0.95) and last traded at GBX 77.45 ($0.96). Approximately 990,016 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 845,911 shares. The stock had previously closed at GBX 80.55 ($1.00).

Mobico Group Stock Performance

The stock has a 50-day moving average of GBX 79.50 and a two-hundred day moving average of GBX 68.27. The company has a market cap of £458.73 million, a P/E ratio of -324.78 and a beta of 1.60.

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.