Journeo (LON:JNEO) Trading 3.7% Higher – Here’s Why

Journeo plc (LON:JNEOGet Free Report) shot up 3.7% during mid-day trading on Monday . The company traded as high as GBX 297.50 ($3.74) and last traded at GBX 293 ($3.68). 162,751 shares were traded during mid-day trading, an increase of 110% from the average session volume of 77,399 shares. The stock had previously closed at GBX 282.50 ($3.55).

Journeo Price Performance

The company’s 50-day simple moving average is GBX 280.19 and its 200 day simple moving average is GBX 271.05. The company has a market capitalization of £48.26 million, a P/E ratio of 1,220.83 and a beta of 0.16. The company has a quick ratio of 0.85, a current ratio of 2.00 and a debt-to-equity ratio of 7.28.

About Journeo

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Journeo plc provides solutions to the transport community that captures, processes, and displays essential information to enhance journeys in the United Kingdom and mainland Europe. The company operates through Fleet Systems, Infotec, MultiQ, and Passenger Systems. It offers passenger transport infrastructure systems, such as bay, stretched in-shelter, summary, full-color LED, low-power E-ink, and solar-powered TFT displays, as well as interactive wayfinding totems, air quality sensors, in-shelter closed circuit television (CCTV), and bus station Wi-Fi.

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