Motorpoint Group (LON:MOTR) Shares Climb 1.4% – Here’s Why

Motorpoint Group Plc (LON:MOTR)’s share price was up 1.4% during trading on Monday. The stock traded as high as GBX 146 and last traded at GBX 146. 3,100 shares traded hands during trading, a decline of 96% from the average session volume of 83,424 shares. The stock had previously closed at GBX 144.

Analyst Ratings Changes

Several analysts have recently weighed in on MOTR shares. Shore Capital Group restated a “house stock” rating on shares of Motorpoint Group in a research note on Friday, October 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 170 price target on shares of Motorpoint Group in a research note on Monday, October 12th. One analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 170.

Motorpoint Group Price Performance

The company has a debt-to-equity ratio of 856.92, a current ratio of 1.00 and a quick ratio of 0.12. The business’s 50-day moving average price is GBX 137.37 and its two-hundred day moving average price is GBX 130.87. The firm has a market cap of £116.26 million, a price-to-earnings ratio of 22.12 and a beta of 0.82.

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.