Pod Point Group Holdings Plc (LON:PODP) Insider Melanie Lane Acquires 400,000 Shares of Stock

Pod Point Group Holdings Plc (LON:PODP) insider Melanie Lane acquired 400,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was purchased at an average price of GBX 13 ($0.16) per share, with a total value of £52,000 ($65,814.45).

Pod Point Group Price Performance

Shares of LON PODP opened at GBX 13.19 ($0.17) on Tuesday. The company has a 50 day simple moving average of GBX 14.68 and a two-hundred day simple moving average of GBX 18.70. Pod Point Group Holdings Plc has a fifty-two week low of GBX 11.90 ($0.15) and a fifty-two week high of GBX 25.85 ($0.33). The company has a market capitalization of £20.56 million, a price-to-earnings ratio of -30.13 and a beta of 1.25. The company has a debt-to-equity ratio of 6.20, a quick ratio of 2.97 and a current ratio of 1.45.

Analyst Upgrades and Downgrades

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

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.