Pod Point Group (LON:PODP) Stock Price Down 26.1% – What’s Next?

Pod Point Group Holdings Plc (LON:PODP)’s share price traded down 26.1% during mid-day trading on Monday . The stock traded as low as GBX 10.50 ($0.13) and last traded at GBX 12.28 ($0.15). 1,474,557 shares traded hands during mid-day trading, an increase of 137% from the average session volume of 622,872 shares. The stock had previously closed at GBX 16.62 ($0.20).

Pod Point Group Stock Up 0.2 %

The firm has a market cap of £16.40 million, a price-to-earnings ratio of -23.91 and a beta of 1.25. The stock’s 50 day moving average is GBX 13.57 and its 200 day moving average is GBX 16.33. 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

In other Pod Point Group news, insider Melanie Lane purchased 400,000 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was bought at an average cost of GBX 13 ($0.16) per share, with a total value of £52,000 ($64,110.47). 57.59% of the stock is owned by insiders.

About Pod Point Group

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.