Pod Point Group (LON:PODP) Shares Up 0.6% – Still a Buy?

Pod Point Group Holdings Plc (LON:PODP) shares shot up 0.6% during trading on Monday . The company traded as high as GBX 12.96 ($0.16) and last traded at GBX 12.50 ($0.16). 288,231 shares changed hands during mid-day trading, a decline of 1% from the average session volume of 290,701 shares. The stock had previously closed at GBX 12.42 ($0.16).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 60 ($0.76) price target on shares of Pod Point Group in a research note on Wednesday, September 11th.

Pod Point Group Stock Up 0.6 %

The company has a market cap of £19.49 million, a price-to-earnings ratio of -28.41 and a beta of 1.25. The stock has a fifty day moving average price of GBX 15.50 and a two-hundred day moving average price of GBX 19.28. The company has a quick ratio of 2.97, a current ratio of 1.45 and a debt-to-equity ratio of 6.20.

About Pod Point Group

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.