Motorpoint Group Plc (LON:MOTR – Get Free Report)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 160 ($2.10) and last traded at GBX 160 ($2.10), with a volume of 94138 shares. The stock had previously closed at GBX 144.50 ($1.90).
Analysts Set New Price Targets
Separately, Shore Capital reiterated a “house stock” rating on shares of Motorpoint Group in a research note on Wednesday, July 24th.
Read Our Latest Report on MOTR
Motorpoint Group Stock Up 10.7 %
Insider Activity at Motorpoint Group
In related news, insider Mark Carpenter sold 100,000 shares of the company’s stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of GBX 140 ($1.84), for a total transaction of £140,000 ($184,089.41). 18.07% of the stock is owned by corporate insiders.
Motorpoint Group Company Profile
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.
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