Journeo (LON:JNEO) Stock Price Up 0.8% – Time to Buy?

Journeo plc (LON:JNEO) shares rose 0.8% during mid-day trading on Wednesday . The company traded as high as GBX 410 and last traded at GBX 403. Approximately 36,842 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 70,291 shares. The stock had previously closed at GBX 400.

Journeo Trading Up 0.8%

The company has a market capitalization of £71.23 million, a PE ratio of 16.76 and a beta of 0.21. The company has a current ratio of 2.13, a quick ratio of 0.85 and a debt-to-equity ratio of 5.34. The stock has a fifty day moving average of GBX 451.64 and a two-hundred day moving average of GBX 474.61.

About Journeo

Journeo plc is a leading Intelligent Transport Systems provider, delivering solutions in towns, cities, airports and the public transport networks that connect them. The Company is focused on creating innovative public transport and related infrastructure solutions, contributing to safer and smarter city initiatives as transport of all types becomes more intelligent and connected.

The Company works at many levels with government organisations, local/combined authorities and many of the largest multinational transport operators.