Trainline (LON:TRN) Stock Price Down 0.2% – Here’s What Happened

Trainline Plc (LON:TRN) traded down 0.2% on Friday . The company traded as low as GBX 392.80 ($5.00) and last traded at GBX 407.80 ($5.19). 487,671 shares changed hands during trading, a decline of 63% from the average session volume of 1,317,386 shares. The stock had previously closed at GBX 408.60 ($5.20).

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Shore Capital reissued a “buy” rating on shares of Trainline in a research report on Thursday, November 7th. Berenberg Bank boosted their price target on Trainline from GBX 475 ($6.05) to GBX 490 ($6.24) and gave the stock a “buy” rating in a research report on Thursday, November 7th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Trainline has a consensus rating of “Buy” and an average target price of GBX 433.75 ($5.52).

Trainline Stock Down 0.2 %

The firm has a 50-day moving average price of GBX 363.86 and a 200 day moving average price of GBX 335.47. The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52. The company has a market cap of £1.81 billion, a price-to-earnings ratio of 5,825.71 and a beta of 1.64.

Insider Activity

In related news, insider Marie Lalleman purchased 4,950 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was acquired at an average cost of GBX 400 ($5.09) per share, for a total transaction of £19,800 ($25,219.72). 4.08% of the stock is owned by company insiders.

Trainline Company Profile

Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally. It operates through three segments: UK Consumer, International Consumer, and Trainline Solutions. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.