Pod Point Group (LON:PODP) Stock Price Up 17.3% – Time to Buy?

Pod Point Group Holdings Plc (LON:PODPGet Free Report) was up 17.3% on Wednesday . The stock traded as high as GBX 11.37 ($0.14) and last traded at GBX 11.37 ($0.14). Approximately 193,289 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 885,806 shares. The stock had previously closed at GBX 9.70 ($0.12).

Pod Point Group Stock Up 17.3 %

The stock has a fifty day moving average price of GBX 13.34 and a 200-day moving average price of GBX 15.89. The firm has a market cap of £17.73 million, a PE ratio of -25.85 and a beta of 1.25. The company has a debt-to-equity ratio of 6.20, a quick ratio of 2.97 and a current ratio of 1.45.

Insiders Place Their Bets

In related news, insider Melanie Lane bought 400,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was bought at an average price of GBX 13 ($0.16) per share, with a total value of £52,000 ($64,700.76). 57.59% of the stock is owned by insiders.

Pod Point Group Company Profile

(Get Free Report)

Pod Point was founded in 2009. Driven by a belief that driving shouldn’t cost the earth, Pod Point is building the infrastructure needed to enable the mass adoption of electric vehicles and to make living with an EV easy and affordable for everyone. As at 30 October 2023 the company has shipped more than 222k charge points on its network in the UK and is an official charge point supplier for major car brands.

Pod Point works with a broad range of organisations and customers to offer home and commercial charging solutions.

See Also

Receive News & Ratings for Pod Point Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pod Point Group and related companies with MarketBeat.com's FREE daily email newsletter.