Motorpoint Group PLC (LON:MOTR) was down 1.5% during mid-day trading on Monday . The stock traded as low as GBX 267.75 ($3.50) and last traded at GBX 271 ($3.54). Approximately 29,971 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 83,460 shares. The stock had previously closed at GBX 275 ($3.59).
Several research analysts recently weighed in on MOTR shares. Shore Capital restated a “house stock” rating on shares of Motorpoint Group in a research report on Monday, August 24th. Liberum Capital reissued a “buy” rating on shares of Motorpoint Group in a report on Tuesday, July 14th.
The company has a debt-to-equity ratio of 700.50, a quick ratio of 0.13 and a current ratio of 1.03. The firm’s 50 day simple moving average is GBX 269.52 and its 200-day simple moving average is GBX 238.28. The company has a market cap of $244.42 million and a price-to-earnings ratio of 16.52.
In other news, insider Keith Mansfield acquired 20,576 shares of Motorpoint Group stock in a transaction dated Tuesday, July 14th. The shares were purchased at an average cost of GBX 243 ($3.18) per share, for a total transaction of £49,999.68 ($65,333.44).
About Motorpoint Group (LON:MOTR)
Motorpoint Group Plc operates as an independent vehicle retailer in the United Kingdom. It primarily sells nearly-new vehicles and vehicles from various brands, including Ford, Vauxhall, Volkswagen, Nissan, Hyundai, Audi, BMW, and Mercedes-Benz. The company operates 12 retail sites across Great Britain.
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