Melanie Lane Acquires 400,000 Shares of Pod Point Group Holdings Plc (LON:PODP) Stock

Pod Point Group Holdings Plc (LON:PODP) insider Melanie Lane purchased 400,000 shares of Pod Point Group stock in a transaction dated Monday, December 2nd. The stock was acquired at an average cost of GBX 13 ($0.16) per share, with a total value of £52,000 ($65,889.51).

Pod Point Group Trading Up 6.0 %

Shares of Pod Point Group stock opened at GBX 13.98 ($0.18) on Wednesday. The company has a 50-day moving average of GBX 14.61 and a two-hundred day moving average of GBX 18.66. The stock has a market cap of £21.79 million, a PE ratio of -30.23 and a beta of 1.25. The company has a current ratio of 1.45, a quick ratio of 2.97 and a debt-to-equity ratio of 6.20. Pod Point Group Holdings Plc has a 12-month low of GBX 11.90 ($0.15) and a 12-month high of GBX 25.85 ($0.33).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 60 ($0.76) price target on shares of Pod Point Group in a research note on Wednesday, September 11th.

About Pod Point Group

Pod Point Group Holdings Plc, together with its subsidiaries, engages in the development and supply of equipment and systems for recharging electric vehicles (EV) in the United Kingdom and Norway. It is involved in the installation and operation of EV charging points for home, workplace, destination, and en-route places.