Journeo (LON:JNEO) Hits New 1-Year High – Should You Buy?

Journeo plc (LON:JNEO)’s stock price hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as GBX 560 and last traded at GBX 554.25, with a volume of 79,515 shares trading hands. The stock had previously closed at GBX 555.

Journeo Stock Performance

The company has a quick ratio of 0.85, a current ratio of 1.66 and a debt-to-equity ratio of 6.39. The business has a 50 day moving average price of GBX 539.41 and a 200 day moving average price of GBX 468.03. The stock has a market cap of £98.49 million, a P/E ratio of 22.24 and a beta of 0.30.

Journeo (LON:JNEO) last issued its quarterly earnings results on Tuesday, September 8th. The company reported GBX 13.85 earnings per share (EPS) for the quarter. Journeo had a return on equity of 18.00% and a net margin of 6.41%. As a group, sell-side analysts expect that Journeo plc will post 23.79 EPS for the current year.

Insiders Place Their Bets

In other news, insider Nick Lowe sold 20,000 shares of Journeo stock in a transaction on Monday, September 21st. The stock was sold at an average price of GBX 535, for a total transaction of £107,000. Also, insider Russ Singleton sold 104,822 shares of the business’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of GBX 524, for a total transaction of £549,267.28. Company insiders own 49.77% of the company’s stock.

Journeo Company Profile

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.