Motorpoint Group (LON:MOTR) Stock Crosses Below Fifty Day Moving Average of $141.76

Shares of Motorpoint Group Plc (LON:MOTR) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 141.76 ($1.84) and traded as low as GBX 140.50 ($1.82). Motorpoint Group shares last traded at GBX 141.25 ($1.83), with a volume of 63,261 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “house stock” rating on shares of Motorpoint Group in a research report on Thursday, June 13th.

Motorpoint Group Price Performance

The company has a debt-to-equity ratio of 456.83, a current ratio of 1.16 and a quick ratio of 0.12. The company has a 50-day simple moving average of GBX 141.67 and a two-hundred day simple moving average of GBX 129.28. The stock has a market capitalization of £123.45 million, a price-to-earnings ratio of -2,017.86 and a beta of 0.91.

Insiders Place Their Bets

In other Motorpoint Group news, insider Mark Carpenter sold 100,000 shares of the stock in a transaction on Monday, July 8th. The stock was sold at an average price of GBX 140 ($1.82), for a total value of £140,000 ($181,558.81). 16.04% of the stock is owned by corporate insiders.

About Motorpoint Group

Motorpoint Group Plc operates as independent omnichannel vehicle retailer in the United Kingdom. It operates through Retail and Wholesale segments. The company also offers new cars that are under four years old or have completed less than 30,000 miles; and range of commercial vehicles under the Motorpoint brand.