Pod Point Group (LON:PODP) Stock Price Up 0.6% – Should You Buy?

Pod Point Group Holdings Plc (LON:PODP)’s share price shot up 0.6% during trading on Monday . The company traded as high as GBX 12.96 ($0.16) and last traded at GBX 12.50 ($0.16). 288,231 shares changed hands during trading, a decline of 1% from the average session volume of 290,701 shares. The stock had previously closed at GBX 12.42 ($0.16).

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 60 ($0.76) price objective on shares of Pod Point Group in a research note on Wednesday, September 11th.

Pod Point Group Stock Up 4.0 %

The stock’s fifty day simple moving average is GBX 15.33 and its two-hundred day simple moving average is GBX 19.14. The stock has a market capitalization of £20.80 million, a P/E ratio of -30.32 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.

Pod Point Group Company Profile

Pod Point Group Holdings Plc, together with its subsidiaries, engages in the development and supply of equipment and systems for recharging electric vehicles (EV) in the United Kingdom and Norway. It is involved in the installation and operation of EV charging points for home, workplace, destination, and en-route places.