Motorpoint Group (LON:MOTR) Trading Down 1.9% – Time to Sell?

Shares of Motorpoint Group Plc (LON:MOTR) dropped 1.9% during mid-day trading on Wednesday . The company traded as low as GBX 130.50 ($1.61) and last traded at GBX 130.50 ($1.61). Approximately 53,536 shares were traded during mid-day trading, an increase of 105% from the average daily volume of 26,078 shares. The stock had previously closed at GBX 133 ($1.64).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Motorpoint Group in a research note on Tuesday, October 8th.

Motorpoint Group Stock Down 1.9 %

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 company has a fifty day moving average price of GBX 134.02 and a 200 day moving average price of GBX 142.97. The company has a market cap of £110.93 million, a PE ratio of -1,450.00 and a beta of 1.00.

Insider Buying and Selling at Motorpoint Group

In other Motorpoint Group news, insider Chris Morgan purchased 18,632 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were purchased at an average cost of GBX 133 ($1.64) per share, with a total value of £24,780.56 ($30,631.10). 18.06% of the stock is currently owned by company 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.