Mobico Group (LON:MCG) Trading Up 2.6% – Here’s Why

Mobico Group Plc (LON:MCGGet Free Report)’s share price traded up 2.6% on Friday . The stock traded as high as GBX 62.15 ($0.80) and last traded at GBX 61.85 ($0.80). 2,006,026 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 3,371,369 shares. The stock had previously closed at GBX 60.30 ($0.78).

Mobico Group Stock Performance

The stock has a 50-day moving average of GBX 70.77 and a two-hundred day moving average of GBX 73.75. The company has a market cap of £378.83 million, a P/E ratio of -2.68 and a beta of 1.60.

Mobico Group Company Profile

(Get Free Report)

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.

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