Pod Point Group (LON:PODP) Shares Down 12.1% – Should You Sell?

Pod Point Group Holdings Plc (LON:PODP) was down 12.1% during mid-day trading on Tuesday . The stock traded as low as GBX 7.60 ($0.10) and last traded at GBX 7.60 ($0.10). Approximately 951,787 shares were traded during trading, an increase of 97% from the average daily volume of 482,503 shares. The stock had previously closed at GBX 8.65 ($0.11).

Pod Point Group Stock Performance

The stock has a fifty day simple moving average of GBX 10.38 and a two-hundred day simple moving average of GBX 13.13. 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 stock has a market cap of £11.57 million, a price-to-earnings ratio of -0.19 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.