P2P Transport Ltd (ASX:P2P) shares shot up 3.7% during mid-day trading on Friday . The company traded as high as A$0.15 ($0.10) and last traded at A$0.14 ($0.10), 324,965 shares traded hands during trading. The stock had previously closed at A$0.14 ($0.10).

The stock has a market capitalization of $12.69 million and a PE ratio of -0.77. The company has a debt-to-equity ratio of 53.88, a quick ratio of 0.46 and a current ratio of 0.71. The stock’s 50-day simple moving average is A$0.12.

P2P Transport Company Profile (ASX:P2P)

P2P Transport Limited, an integrated fleet management company, provides vehicles on a rental basis to independent professional drivers in the point-to-point passenger transport industry. The company leases taxi plates or licenses from either government authorities or private owners, and operates its vehicles to provide a rental solution to professional drivers.

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