Pod Point Group (LON:PODP) Stock Price Up 16.4% – What’s Next?

Pod Point Group Holdings Plc (LON:PODP) shares were up 16.4% during mid-day trading on Friday . The stock traded as high as GBX 6.18 ($0.08) and last traded at GBX 6.10 ($0.08). Approximately 5,649,223 shares changed hands during mid-day trading, an increase of 911% from the average daily volume of 558,904 shares. The stock had previously closed at GBX 5.24 ($0.07).

Pod Point Group Stock Down 4.2 %

The company has a debt-to-equity ratio of 5.11, a quick ratio of 2.97 and a current ratio of 1.45. The firm’s fifty day simple moving average is GBX 8.36 and its 200 day simple moving average is GBX 11.75. The stock has a market capitalization of £8.75 million, a price-to-earnings ratio of -0.15 and a beta of 1.25.

Pod Point Group Company Profile

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.