Journeo (LON:JNEO) Trading 4.6% Higher – What’s Next?

Shares of Journeo plc (LON:JNEO) shot up 4.6% on Wednesday . The company traded as high as GBX 479 and last traded at GBX 478.40. Approximately 41,388 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 60,305 shares. The stock had previously closed at GBX 457.50.

Journeo Trading Up 3.2%

The company has a quick ratio of 0.85, a current ratio of 1.53 and a debt-to-equity ratio of 7.41. The company has a 50-day moving average price of GBX 429.80 and a 200-day moving average price of GBX 440.56. The company has a market capitalization of £86.61 million, a price-to-earnings ratio of 20.56 and a beta of 0.30.

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.