Insider Buying: Pod Point Group Holdings Plc (LON:PODP) Insider Acquires 400,000 Shares of Stock

Pod Point Group Holdings Plc (LON:PODP) insider Melanie Lane bought 400,000 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were acquired at an average price of GBX 13 ($0.17) per share, with a total value of £52,000 ($66,048.52).

Pod Point Group Trading Up 8.5 %

Shares of PODP traded up GBX 1.04 ($0.01) on Monday, hitting GBX 13.26 ($0.17). 1,636,664 shares of the stock traded hands, compared to its average volume of 289,084. The firm has a market capitalization of £20.67 million, a P/E ratio of -30.13 and a beta of 1.25. The company has a quick ratio of 2.97, a current ratio of 1.45 and a debt-to-equity ratio of 6.20. Pod Point Group Holdings Plc has a 1 year low of GBX 11.90 ($0.15) and a 1 year high of GBX 25.85 ($0.33). The stock’s 50 day moving average is GBX 14.68 and its two-hundred day moving average is GBX 18.70.

Wall Street Analyst Weigh In

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

About Pod Point Group

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.