Trainline (LON:TRN) Shares Down 11.9% – Time to Sell?

Trainline Plc (LON:TRN)’s share price traded down 11.9% on Thursday . The company traded as low as GBX 263.30 ($3.41) and last traded at GBX 276.60 ($3.59). 8,350,816 shares changed hands during trading, an increase of 112% from the average session volume of 3,934,728 shares. The stock had previously closed at GBX 313.80 ($4.07).

Analyst Upgrades and Downgrades

A number of research firms recently commented on TRN. Berenberg Bank reiterated a “buy” rating and issued a GBX 490 ($6.35) target price on shares of Trainline in a research report on Wednesday, February 12th. JPMorgan Chase & Co. lowered shares of Trainline to a “neutral” rating and set a GBX 400 ($5.19) target price for the company. in a report on Wednesday, February 19th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 431.25 ($5.59).

Trainline Trading Down 12.4 %

The stock has a market cap of £1.19 billion, a PE ratio of 37.67 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. The stock has a fifty day moving average price of GBX 355.91 and a 200 day moving average price of GBX 362.61.

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.