Pod Point Group (LON:PODP) Shares Down 1.9% – What’s Next?

Pod Point Group Holdings Plc (LON:PODP) dropped 1.9% on Wednesday . The company traded as low as GBX 6.30 and last traded at GBX 6.30. Approximately 71,308 shares traded hands during trading, a decline of 87% from the average daily volume of 565,171 shares. The stock had previously closed at GBX 6.42.

Pod Point Group Stock Performance

The stock has a 50 day simple moving average of GBX 6.30 and a 200 day simple moving average of GBX 6.30. The company has a current ratio of 0.94, a quick ratio of 2.97 and a debt-to-equity ratio of 21.30. The stock has a market cap of £9.59 million, a P/E ratio of -0.16 and a beta of 1.25.

Pod Point Group Company Profile

Pod Point was founded in 2009. Driven by a belief that driving shouldn’t cost the earth, Pod Point is building the infrastructure needed to enable the mass adoption of electric vehicles and to make living with an EV easy and affordable for everyone. As at 30 October 2023 the company has shipped more than 222k charge points on its network in the UK and is an official charge point supplier for major car brands.

Pod Point works with a broad range of organisations and customers to offer home and commercial charging solutions.