Journeo (LON:JNEO) Posts Earnings Results

Journeo (LON:JNEO) issued its quarterly earnings results on Tuesday. The company reported GBX 27.44 ($0.35) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Journeo had a return on equity of 29.20% and a net margin of 8.20%.

Journeo Price Performance

Shares of LON:JNEO traded up GBX 1.30 ($0.02) during midday trading on Thursday, hitting GBX 270.80 ($3.49). The stock had a trading volume of 33,678 shares, compared to its average volume of 65,286. The company’s 50-day moving average price is GBX 270.94 and its 200-day moving average price is GBX 277.58. The company has a market capitalization of £45.88 million, a P/E ratio of 10.89 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 2.46. Journeo has a fifty-two week low of GBX 208.10 ($2.68) and a fifty-two week high of GBX 320 ($4.12).

Insider Activity at Journeo

In other Journeo news, insider Nick Lowe purchased 7,000 shares of the company’s stock in a transaction dated Wednesday, March 26th. The stock was purchased at an average price of GBX 268 ($3.45) per share, with a total value of £18,760 ($24,153.47). 22.71% of the stock is owned by insiders.

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.