Pod Point Group (LON:PODP) Trading Up 16.4% – Here’s Why

Pod Point Group Holdings Plc (LON:PODP) was up 16.4% during mid-day trading on Thursday . The stock traded as high as GBX 6.18 ($0.08) and last traded at GBX 6.10 ($0.08). Approximately 5,649,223 shares were traded during mid-day trading, an increase of 911% from the average daily volume of 558,904 shares. The stock had previously closed at GBX 5.24 ($0.07).

Pod Point Group Price Performance

The stock has a 50 day moving average of GBX 8.36 and a 200-day moving average of GBX 11.75. The company has a debt-to-equity ratio of 5.11, a quick ratio of 2.97 and a current ratio of 1.45. The company has a market cap of £8.75 million, a PE ratio of -0.15 and a beta of 1.25.

About Pod Point Group

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.