Vertu Motors (LON:VTU) Share Price Breaks Below 50 Day Moving Average – What’s Next?

Vertu Motors plc (LON:VTU – Get Free Report)’s share price passed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of GBX 85.90 and traded as low as GBX 84.18. Vertu Motors shares last traded at GBX 85.20, with a volume of 605,753 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Vertu Motors in a research report on Wednesday, September 2nd. One research analyst has rated the stock with a Buy rating. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 76.

Read Our Latest Report on VTU

Vertu Motors Stock Down 1.6%

The company has a quick ratio of 0.26, a current ratio of 1.03 and a debt-to-equity ratio of 62.19. The company has a market capitalization of £256.29 million, a PE ratio of 15.10 and a beta of 0.78. The stock has a 50-day moving average of GBX 85.90 and a 200 day moving average of GBX 73.09.

Vertu Motors (LON:VTU – Get Free Report) last posted its quarterly earnings data on Wednesday, October 14th. The company reported GBX 5.80 earnings per share for the quarter. Vertu Motors had a return on equity of 5.00% and a net margin of 0.37%. Sell-side analysts anticipate that Vertu Motors plc will post 8.94 EPS for the current year.

About Vertu Motors

(Get Free Report)

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.

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