Vertu Motors (LON:VTU) Stock Passes Above Two Hundred Day Moving Average of $37.20

Shares of Vertu Motors Plc (LON:VTU) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $37.20 and traded as high as $33.88. Vertu Motors shares last traded at $33.65, with a volume of 273,741 shares.

Separately, Liberum Capital dropped their price target on Vertu Motors from GBX 56 ($0.73) to GBX 52 ($0.68) and set a “buy” rating for the company in a research note on Wednesday, July 24th.

The company has a current ratio of 0.99, a quick ratio of 0.16 and a debt-to-equity ratio of 24.16. The firm has a market capitalization of $125.37 million and a P/E ratio of 6.23. The company has a 50 day simple moving average of GBX 36.97 and a two-hundred day simple moving average of GBX 37.20.



In other news, insider Jatinder Aujla sold 25,043 shares of the stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of GBX 39 ($0.51), for a total transaction of £9,766.77 ($12,762.01).

About Vertu Motors (LON:VTU)

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new cars, motorcycles, commercial vehicles, and used vehicles, as well as provides related aftersales services. It operates a chain of franchised motor dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors and Macklin Motors brand names.

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