Pod Point Group (LON:PODP) Stock Price Up 4% – Time to Buy?

Pod Point Group Holdings Plc (LON:PODP)’s share price shot up 4% during trading on Friday . The company traded as high as GBX 16.88 ($0.22) and last traded at GBX 15.50 ($0.20). 29,941 shares changed hands during trading, a decline of 90% from the average session volume of 289,740 shares. The stock had previously closed at GBX 14.90 ($0.19).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 60 ($0.78) target price on shares of Pod Point Group in a research report on Wednesday, September 11th.

Pod Point Group Stock Up 4.0 %

The firm has a market capitalization of £24.16 million, a PE ratio of -35.23 and a beta of 1.25. The firm’s 50-day moving average is GBX 16.80 and its 200 day moving average is GBX 20.27. The company has a debt-to-equity ratio of 6.20, a quick ratio of 2.97 and a current ratio of 1.45.

Pod Point Group Company Profile

Pod Point Group Holdings Plc, together with its subsidiaries, engages in the development and supply of equipment and systems for recharging electric vehicles (EV) in the United Kingdom and Norway. It is involved in the installation and operation of EV charging points for home, workplace, destination, and en-route places.