Pod Point Group (LON:PODP) Trading Down 26.1% – Here’s Why

Posted by Eileen French on Jan 20th, 2025

Shares of Pod Point Group Holdings Plc (LON:PODP – Get Free Report) dropped 26.1% during trading on Monday . The stock traded as low as GBX 10.50 ($0.13) and last traded at GBX 12.28 ($0.15). Approximately 1,474,557 shares were traded during trading, an increase of 137% from the average daily volume of 622,872 shares. The stock had previously closed at GBX 16.62 ($0.20).

Pod Point Group Trading Down 26.1 %

The company has a market cap of £19.14 million, a PE ratio of -27.91 and a beta of 1.25. The company has a 50-day moving average of GBX 13.70 and a 200 day moving average of GBX 16.46. The company has a debt-to-equity ratio of 6.20, a current ratio of 1.45 and a quick ratio of 2.97.

Insider Activity

In other Pod Point Group news, insider Melanie Lane purchased 400,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was bought at an average cost of GBX 13 ($0.16) per share, for a total transaction of £52,000 ($63,244.95). Insiders own 57.59% of the company’s stock.

About Pod Point Group

(Get Free Report)

Pod Point was founded in 2009. Driven by a belief that driving shouldn’t cost the earth, Pod Point is building the infrastructure needed to enable the mass adoption of electric vehicles and to make living with an EV easy and affordable for everyone. As at 30 October 2023 the company has shipped more than 222k charge points on its network in the UK and is an official charge point supplier for major car brands.

Pod Point works with a broad range of organisations and customers to offer home and commercial charging solutions.