Journeo (LON:JNEO) Stock Price Down 1% – Here’s Why

Shares of Journeo plc (LON:JNEO) dropped 1% during mid-day trading on Tuesday . The company traded as low as GBX 504.55 and last traded at GBX 505. Approximately 3,188 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 73,725 shares. The stock had previously closed at GBX 510.

Journeo Price Performance

The firm has a market cap of £89.26 million, a P/E ratio of 21.01 and a beta of 0.16. The business has a fifty day moving average of GBX 479.83 and a 200 day moving average of GBX 444.01. The company has a quick ratio of 0.85, a current ratio of 2.00 and a debt-to-equity ratio of 2.46.

Journeo (LON:JNEO) last issued its earnings results on Thursday, September 25th. The company reported GBX 13.01 EPS for the quarter. Journeo had a return on equity of 29.20% and a net margin of 8.20%. On average, sell-side analysts anticipate that Journeo plc will post 23.7877402 earnings per share for the current year.

Insider Buying and Selling at Journeo

In other news, insider Nick Lowe sold 100,000 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of GBX 450, for a total transaction of £450,000. Also, insider Russ Singleton sold 217,742 shares of Journeo stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of GBX 450, for a total transaction of £979,839. Over the last quarter, insiders sold 327,742 shares of company stock worth $147,683,900. Corporate insiders own 49.88% of the company’s stock.

About Journeo

Journeo plc is a leading Intelligent Transport Systems provider, delivering solutions in towns, cities, airports and the public transport networks that connect them. The Company is focused on creating innovative public transport and related infrastructure solutions, contributing to safer and smarter city initiatives as transport of all types becomes more intelligent and connected.

The Company works at many levels with government organisations, local/combined authorities and many of the largest multinational transport operators.