Pod Point Group (LON:PODP) Trading 0.3% Higher – Here’s What Happened

Shares of Pod Point Group Holdings Plc (LON:PODP) shot up 0.3% on Thursday . The stock traded as high as GBX 15 ($0.20) and last traded at GBX 15 ($0.20). 17,544 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 305,937 shares. The stock had previously closed at GBX 14.95 ($0.20).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 60 ($0.80) target price on shares of Pod Point Group in a research report on Wednesday, September 11th.

Pod Point Group Stock Performance

The company has a current ratio of 1.45, a quick ratio of 2.97 and a debt-to-equity ratio of 6.20. The firm has a 50-day simple moving average of GBX 18.02 and a two-hundred day simple moving average of GBX 21.11. The company has a market capitalization of £23.39 million, a price-to-earnings ratio of -34.09 and a beta of 1.25.

About Pod Point Group

Pod Point Group Holdings Plc, together with its subsidiaries, engages in the development and supply of equipment and systems for recharging electric vehicles (EV) in the United Kingdom and Norway. It is involved in the installation and operation of EV charging points for home, workplace, destination, and en-route places.