Trainline (LON:TRN) Stock Price Up 0.2%

Posted by on Jun 6th, 2023

Trainline Plc (LON:TRN – Get Rating) rose 0.2% during mid-day trading on Monday . The stock traded as high as GBX 270 ($3.36) and last traded at GBX 264.40 ($3.29). Approximately 465,877 shares were traded during trading, a decline of 42% from the average daily volume of 799,782 shares. The stock had previously closed at GBX 263.80 ($3.28).

Wall Street Analysts Forecast Growth

Separately, Barclays reaffirmed an “underweight” rating and set a GBX 270 ($3.36) price objective on shares of Trainline in a research note on Thursday, April 6th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Trainline currently has a consensus rating of “Hold” and a consensus target price of GBX 394.60 ($4.91).

Trainline Stock Performance

The firm’s 50 day moving average price is GBX 256.65 and its two-hundred day moving average price is GBX 273. The company has a debt-to-equity ratio of 52.95, a quick ratio of 0.52 and a current ratio of 0.55. The firm has a market cap of £1.27 billion, a PE ratio of 6,610.00 and a beta of 1.65.

Insider Activity

In other news, insider Rakhi Goss-Custard purchased 8,798 shares of the company’s stock in a transaction dated Monday, May 15th. The stock was acquired at an average price of GBX 284 ($3.53) per share, with a total value of £24,986.32 ($31,062.06). Corporate insiders own 2.71% of the company’s stock.

About Trainline

(Get Rating)

Trainline Plc operates an independent rail and coach travel platform that sells rail and coach tickets worldwide. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.

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