Trainline (LON:TRN) Shares Up 4.6%

Trainline Plc (LON:TRN) shares traded up 4.6% on Friday . The company traded as high as GBX 337.62 ($4.37) and last traded at GBX 337 ($4.36). 328,263 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 992,376 shares. The stock had previously closed at GBX 322.20 ($4.17).

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Canaccord Genuity Group increased their price target on shares of Trainline from GBX 428 ($5.54) to GBX 455 ($5.88) and gave the stock a “buy” rating in a research report on Thursday, May 30th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 410 ($5.30) target price on shares of Trainline in a research report on Friday, July 5th. Shore Capital restated a “buy” rating on shares of Trainline in a report on Friday, May 3rd. Finally, Barclays upped their price target on shares of Trainline from GBX 365 ($4.72) to GBX 380 ($4.91) and gave the stock an “overweight” rating in a research note on Tuesday, May 7th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 396.25 ($5.12).

Trainline Stock Performance

The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 49.07. The stock has a market cap of £1.57 billion, a P/E ratio of 4,814.29 and a beta of 1.59. The firm’s 50-day moving average is GBX 323.83 and its two-hundred day moving average is GBX 329.10.

Insider Activity

In related news, insider Jody Ford sold 72,856 shares of the company’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of GBX 330 ($4.27), for a total value of £240,424.80 ($310,947.75). 0.97% of the stock is owned by insiders.

About Trainline

Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally. 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.