Pod Point Group (LON:PODP) Trading 17.3% Higher – What’s Next?

Pod Point Group Holdings Plc (LON:PODPGet Free Report)’s share price shot 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). 193,289 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 885,806 shares. The stock had previously closed at GBX 9.70 ($0.12).

Pod Point Group Price Performance

The stock has a market cap of £17.73 million, a price-to-earnings ratio of -25.85 and a beta of 1.25. The company has a 50 day simple moving average of GBX 13.34 and a 200-day simple moving average of GBX 15.89. The company has a quick ratio of 2.97, a current ratio of 1.45 and a debt-to-equity ratio of 6.20.

Insider Activity at Pod Point Group

In other Pod Point Group news, insider Melanie Lane bought 400,000 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were purchased at an average price of GBX 13 ($0.16) per share, with a total value of £52,000 ($64,700.76). Corporate insiders own 57.59% of the company’s stock.

About Pod Point Group

(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.

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