Vertu Motors (LON:VTU) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Vertu Motors plc (LON:VTU) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 61.68 and traded as low as GBX 61.10. Vertu Motors shares last traded at GBX 63.60, with a volume of 248,905 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Vertu Motors in a report on Tuesday, November 4th.

Vertu Motors Price Performance

The stock’s 50 day moving average is GBX 62.91 and its two-hundred day moving average is GBX 61.69. The company has a debt-to-equity ratio of 39.04, a current ratio of 1.04 and a quick ratio of 0.26. The stock has a market capitalization of £201.50 million, a PE ratio of 13.63 and a beta of 1.15.

Vertu Motors (LON:VTU) last posted its earnings results on Wednesday, October 8th. The company reported GBX 4.46 EPS for the quarter. Vertu Motors had a return on equity of 5.37% and a net margin of 0.40%. As a group, sell-side analysts forecast that Vertu Motors plc will post 8.9391576 earnings per share for the current fiscal year.

About Vertu Motors

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.