Vertu Motors (LON:VTU) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Shares of Vertu Motors plc (LON:VTU) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 62.31 and traded as high as GBX 64. Vertu Motors shares last traded at GBX 62.50, with a volume of 634,986 shares traded.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on VTU. Stifel Nicolaus cut their price objective on shares of Vertu Motors from GBX 78 to GBX 76 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Shore Capital Group reiterated a “house stock” rating on shares of Vertu Motors in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 76.

Vertu Motors Price Performance

The firm has a market cap of £193.14 million, a price-to-earnings ratio of 13.12 and a beta of 0.66. The company has a debt-to-equity ratio of 64.98, a quick ratio of 0.26 and a current ratio of 1.02. The business has a 50 day simple moving average of GBX 61.61 and a 200-day simple moving average of GBX 62.31.

Vertu Motors (LON:VTU) last released its quarterly earnings results on Wednesday, May 13th. The company reported GBX 4.62 earnings per share (EPS) for the quarter. The business had revenue of GBX 483.38 billion during the quarter. Vertu Motors had a return on equity of 4.05% and a net margin of 0.30%. Equities research analysts expect that Vertu Motors plc will post 8.9391576 earnings per share for the current year.

Insider Transactions at Vertu Motors

In other Vertu Motors news, insider David Crane sold 1,041,147 shares of Vertu Motors stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of GBX 65, for a total transaction of £676,745.55. Also, insider Karen Anderson sold 524,839 shares of Vertu Motors stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of GBX 65, for a total value of £341,145.35. Insiders have sold a total of 1,580,026 shares of company stock valued at $102,701,690 in the last quarter. Company insiders own 4.38% of the company’s stock.

Vertu Motors Company Profile

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.