Motorpoint Group (LON:MOTR) Share Price Passes Below 50 Day Moving Average – What’s Next?

Motorpoint Group Plc (LON:MOTR) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 160.05 and traded as low as GBX 154.82. Motorpoint Group shares last traded at GBX 154.82, with a volume of 9,685 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “house stock” rating on shares of Motorpoint Group in a research report on Thursday, October 9th.

Motorpoint Group Stock Down 0.6%

The company has a current ratio of 1.20, a quick ratio of 0.12 and a debt-to-equity ratio of 422.83. The stock has a market cap of £126.09 million, a P/E ratio of 42.64 and a beta of 1.00. The stock’s fifty day moving average price is GBX 160.05 and its 200 day moving average price is GBX 163.59.

Motorpoint Group (LON:MOTR) last announced its quarterly earnings data 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%. As a group, research analysts forecast that Motorpoint Group Plc will post 3.5133843 earnings per share for the current fiscal year.

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.