Previous close | 182.40 |
Open | 182.60 |
Bid | 185.60 x 0 |
Ask | 185.80 x 0 |
Day's range | 180.50 - 186.90 |
52-week range | 167.10 - 288.00 |
Volume | |
Avg. volume | 1,948,263 |
Market cap | 1.148B |
Beta (5Y monthly) | 1.52 |
PE ratio (TTM) | N/A |
EPS (TTM) | -16.80 |
Earnings date | 28 Jul 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 23 Apr 2020 |
1y target est | 288.50 |
(Reuters) -National Express does not necessarily need to buy rival Stagecoach to boost revenue and profit, although it is still considering its options after it was outbid by a new suitor this week, the transport company said on Thursday. National Express' attempt to buy Stagecoach, Britain's biggest bus and coach operator, hit a setback on Wednesday after a European fund trumped its 445 million pound ($585 million) all-stock offer with a higher, potentially more attractive cash-only proposal, which was welcomed by Stagecoach. "As a diligent board we consider our options, but I have to say that unlike our competitor we are a very well diversified business," National Express Chief Executive Ignacio Garat said in an interview.
Stagecoach opts for rival takeover in blow to National Express merger plan. British bus operator makes U-turn on £1.9bn proposal and agrees deal with fund managed by German firm DWS