Mobico Group (LON:MCG) Insider Sells £27,735.70 in Stock

Mobico Group Plc (LON:MCG) insider Brian Egan sold 89,470 shares of Mobico Group stock in a transaction that occurred on 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

Shares of MCG opened at GBX 24.06 on Friday. The business’s 50 day moving average price is GBX 23.99 and its two-hundred day moving average price is GBX 23.16. Mobico Group Plc has a 52-week low of GBX 17.06 and a 52-week high of GBX 38.12. The firm has a market cap of £146.82 million, a PE ratio of -0.46 and a beta of 2.69.

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Berenberg Bank restated a “hold” rating and issued a GBX 35 target price on shares of Mobico Group in a research report on Wednesday. Jefferies Financial Group reiterated a “buy” rating and set 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 given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus 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.