Motorpoint Group (LON:MOTR) Trading Down 0.7% – Time to Sell?

Shares of Motorpoint Group Plc (LON:MOTR) traded down 0.7% on Wednesday . The company traded as low as GBX 132.50 and last traded at GBX 134. Approximately 3,349 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 47,523 shares. The stock had previously closed at GBX 135.

Analysts Set New Price Targets

Several brokerages have recently commented on MOTR. Shore Capital reaffirmed a “house stock” rating on shares of Motorpoint Group in a research report on Wednesday, November 12th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Motorpoint Group from GBX 200 to GBX 190 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 190.

Motorpoint Group Trading Down 0.7%

The company has a debt-to-equity ratio of 422.83, a current ratio of 1.20 and a quick ratio of 0.12. The firm has a fifty day simple moving average of GBX 145.14 and a 200-day simple moving average of GBX 162.46. The firm has a market cap of £106.71 million, a P/E ratio of 37.22 and a beta of 1.00.

Motorpoint Group (LON:MOTR) last issued its earnings results on Wednesday, November 12th. The company reported GBX 3.20 earnings per share for the quarter. Motorpoint Group had a negative return on equity of 25.07% and a negative net margin of 0.77%. On average, equities research analysts expect that Motorpoint Group Plc will post 3.5133843 earnings per share for the current year.

Insiders Place Their Bets

In other Motorpoint Group news, insider Mark Carpenter sold 100,000 shares of the company’s stock in a transaction on Thursday, November 27th. The shares were sold at an average price of GBX 139, for a total transaction of £139,000. Insiders own 21.60% of the company’s stock.

Motorpoint Group Company Profile

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.