Pod Point Group (LON:PODP) Stock Rating Reaffirmed by Canaccord Genuity Group

Pod Point Group (LON:PODP)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity Group in a research report issued to clients and investors on Thursday, Digital Look reports. They presently have a GBX 60 ($0.75) target price on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 158.62% from the stock’s current price.

Pod Point Group Price Performance

Shares of PODP opened at GBX 23.20 ($0.29) on Thursday. The company has a 50 day moving average price of GBX 22.01 and a 200-day moving average price of GBX 22.58. Pod Point Group has a fifty-two week low of GBX 16.50 ($0.21) and a fifty-two week high of GBX 102.20 ($1.27). The stock has a market capitalization of £36.01 million, a PE ratio of -77.33 and a beta of 1.37. The company has a debt-to-equity ratio of 4.75, a quick ratio of 2.97 and a current ratio of 2.35.

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.