Trainline (LON:TRN) Trading Down 14.6% – What’s Next?

Trainline Plc (LON:TRN)’s share price fell 14.6% on Thursday . The company traded as low as GBX 263.30 ($3.41) and last traded at GBX 267.83 ($3.47). 6,319,361 shares traded hands during trading, an increase of 62% from the average session volume of 3,894,895 shares. The stock had previously closed at GBX 313.80 ($4.07).

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 490 ($6.35) target price on shares of Trainline in a research note on Wednesday, February 12th. JPMorgan Chase & Co. cut shares of Trainline to a “neutral” rating and set a GBX 400 ($5.19) price objective on the stock. in a research note on Wednesday, February 19th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 431.25 ($5.59).

Trainline Stock Down 12.9 %

The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. The firm has a market capitalization of £1.19 billion, a price-to-earnings ratio of 37.45 and a beta of 1.64. The firm has a fifty day moving average price of GBX 355.91 and a 200 day moving average price of GBX 362.61.

Trainline Company Profile

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.