ME Group International (LON:MEGP) Trading Down 9.1% – Here’s What Happened

Posted by Defense World Staff on Mar 2nd, 2025

ME Group International plc (LON:MEGP – Get Free Report)’s share price traded down 9.1% on Friday . The company traded as low as GBX 196 ($2.47) and last traded at GBX 200 ($2.52). 23,768,385 shares were traded during mid-day trading, an increase of 1,925% from the average session volume of 1,173,753 shares. The stock had previously closed at GBX 220 ($2.77).

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Berenberg Bank restated a “buy” rating and issued a GBX 270 ($3.40) price target on shares of ME Group International in a research report on Wednesday, December 4th. Canaccord Genuity Group lifted their target price on ME Group International from GBX 203 ($2.55) to GBX 235 ($2.96) and gave the stock a “buy” rating in a research report on Tuesday, February 25th.

View Our Latest Stock Report on ME Group International

ME Group International Price Performance

The stock has a market cap of £730.59 million, a price-to-earnings ratio of 13.80 and a beta of 1.20. The stock’s 50 day simple moving average is GBX 211.08 and its two-hundred day simple moving average is GBX 206.81.

ME Group International (LON:MEGP – Get Free Report) last released its quarterly earnings data on Monday, February 24th. The company reported GBX 14.36 ($0.18) EPS for the quarter. ME Group International had a net margin of 17.39% and a return on equity of 32.52%. As a group, analysts predict that ME Group International plc will post 15.5344418 earnings per share for the current year.

About ME Group International

(Get Free Report)

ME Group International plc (LSE: MEGP) operates, sells and services a wide range of instant-service vending equipment, primarily aimed at the consumer market.

The Group operates vending units across 18 countries and its technological innovation is focused on four principal areas:

• Photo.ME – Photobooths and integrated biometric
identification solutions
• Wash.ME – Unattended laundry services and launderettes
• Print.ME – High-quality digital printing kiosks
• Feed.ME – Vending equipment for the food service market

In addition, the Group operates other vending equipment such as children’s rides, amusement machines, and business service equipment.

Whilst the Group both sells and services this equipment, the majority of units are owned, operated and maintained by the Group.