Pod Point Group (LON:PODP) Trading Up 3.4%

Pod Point Group Holdings Plc (LON:PODP – Get Rating) shares shot up 3.4% on Tuesday . The stock traded as high as GBX 75.25 ($0.92) and last traded at GBX 72.38 ($0.88). 75,822 shares changed hands during trading, a decline of 41% from the average session volume of 129,050 shares. The stock had previously closed at GBX 70 ($0.85).

Analysts Set New Price Targets

Separately, Barclays cut their target price on shares of Pod Point Group from GBX 105 ($1.28) to GBX 85 ($1.04) and set an “equal weight” rating on the stock in a research note on Tuesday, November 22nd.

Pod Point Group Stock Up 3.4 %

The firm has a market cap of £111.47 million and a price-to-earnings ratio of -603.13. The company has a debt-to-equity ratio of 3.51, a quick ratio of 2.97 and a current ratio of 2.63. The firm has a 50-day moving average price of GBX 68.22 and a two-hundred day moving average price of GBX 65.41.

About Pod Point Group

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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 provides EV charging infrastructure; and charge point installation for home, workplace, public destination, and public en-route places.