Trainline (LON:TRN) Trading Down 6.4% – Time to Sell?

Trainline Plc (LON:TRN) shares traded down 6.4% during trading on Wednesday . The company traded as low as GBX 315.60 ($3.98) and last traded at GBX 323.80 ($4.08). 1,069,125 shares changed hands during trading, a decline of 47% from the average session volume of 2,002,961 shares. The stock had previously closed at GBX 346 ($4.36).

Analyst Ratings Changes

A number of research firms recently weighed in on TRN. Shore Capital reissued a “buy” rating on shares of Trainline in a research report on Thursday, November 7th. Berenberg Bank reissued a “buy” rating and set a GBX 490 ($6.18) price objective on shares of Trainline in a report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 500 ($6.31) target price on shares of Trainline in a research note on Tuesday, January 14th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Trainline currently has an average rating of “Buy” and a consensus target price of GBX 456.25 ($5.76).

Trainline Stock Performance

The company has a debt-to-equity ratio of 49.07, a quick ratio of 0.52 and a current ratio of 0.68. The firm has a 50 day moving average price of GBX 394.32 and a two-hundred day moving average price of GBX 364.04. The company has a market capitalization of £1.39 billion, a P/E ratio of 44.02 and a beta of 1.64.

About Trainline

Trainline’s ambition is to bring together rail, coach and other travel services into one simple mobile experience so travellers can easily find the best prices for their journey and access smart, real-time travel information on the go. By making rail and coach travel easier, our aim is to encourage people all over the world to make more environmentally sustainable travel choices.