Trainline (LON:TRN) Sets New 52-Week Low – What’s Next?

Trainline Plc (LON:TRN) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 266 ($3.45) and last traded at GBX 268.40 ($3.48), with a volume of 5274372 shares. The stock had previously closed at GBX 313.80 ($4.07).

Wall Street Analysts Forecast Growth

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

Trainline Trading Down 14.0 %

The firm has a fifty day simple moving average of GBX 355.91 and a 200-day simple moving average of GBX 362.61. The firm has a market cap of £1.17 billion, a P/E ratio of 36.98 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52.

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.