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

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

Journeo Price Performance

The firm’s 50-day moving average price is GBX 539.41 and its 200-day moving average price is GBX 468.03. The company has a current ratio of 1.66, a quick ratio of 0.85 and a debt-to-equity ratio of 6.39. The stock has a market capitalization of £98.49 million, a PE ratio of 22.24 and a beta of 0.30.

Journeo (LON:JNEO) last released its quarterly earnings results on Tuesday, September 8th. The company reported GBX 13.85 EPS for the quarter. Journeo had a return on equity of 18.00% and a net margin of 6.41%. On average, equities analysts forecast that Journeo plc will post 23.79 EPS for the current fiscal year.

Insider Activity at Journeo

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