Insider Selling: Trainline Plc (LON:TRN) Insider Sells £26,740.85 in Stock

Trainline Plc (LON:TRN) insider Peter Wood sold 10,405 shares of the firm’s stock in a transaction on Monday, May 12th. The stock was sold at an average price of GBX 257 ($3.41), for a total value of £26,740.85 ($35,474.73).

Trainline Stock Up 3.9%

Shares of LON TRN opened at GBX 263.39 ($3.49) on Thursday. The company’s 50 day moving average price is GBX 279.24 and its 200-day moving average price is GBX 348.55. Trainline Plc has a 52-week low of GBX 247.80 ($3.29) and a 52-week high of GBX 452.40 ($6.00). The company has a market capitalization of £1.14 billion, a P/E ratio of 36.10 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68.

Trainline (LON:TRN) last announced its quarterly earnings results on Wednesday, May 7th. The company reported GBX 19.20 ($0.25) earnings per share for the quarter. Trainline had a net margin of 8.57% and a return on equity of 10.88%. Equities analysts forecast that Trainline Plc will post 16.8458781 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Canaccord Genuity Group dropped their target price on shares of Trainline from GBX 500 ($6.63) to GBX 485 ($6.43) and set a “buy” rating on the stock in a report on Thursday, March 13th. Shore Capital reaffirmed a “buy” rating on shares of Trainline in a report on Wednesday, May 7th. JPMorgan Chase & Co. downgraded shares of Trainline to a “neutral” rating and set a GBX 400 ($5.31) price target for the company. in a report on Wednesday, February 19th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 490 ($6.50) target price on shares of Trainline in a report on Wednesday, February 12th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Trainline presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 457.50 ($6.07).

About Trainline

Trainline’s ambition is to bring together rail, coach and other travel services into one simple mobile experience so travellers can easily find the best prices for their journey and access smart, real-time travel information on the go. By making rail and coach travel easier, our aim is to encourage people all over the world to make more environmentally sustainable travel choices.