Motorpoint Group (LON:MOTR) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Motorpoint Group Plc (LON:MOTR)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 136.27 and traded as low as GBX 132. Motorpoint Group shares last traded at GBX 132, with a volume of 1,769 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on MOTR shares. Shore Capital Group restated a “house stock” rating on shares of Motorpoint Group in a report on Wednesday, November 12th. Deutsche Bank Aktiengesellschaft decreased their target price on Motorpoint Group from GBX 200 to GBX 190 and set a “buy” rating for the company in a research report on Wednesday, November 12th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 190.

Motorpoint Group Stock Down 1.9%

The company has a debt-to-equity ratio of 422.83, a quick ratio of 0.12 and a current ratio of 1.20. The company has a fifty day simple moving average of GBX 136.27 and a two-hundred day simple moving average of GBX 152.78. The firm has a market capitalization of £105.11 million, a PE ratio of 36.67 and a beta of 1.00.

Motorpoint Group (LON:MOTR) last released 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%. Analysts forecast that Motorpoint Group Plc will post 3.5133843 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Mark Carpenter sold 100,000 shares of the business’s stock in a transaction dated Thursday, November 27th. The shares were sold at an average price of GBX 139, for a total value of £139,000. Company insiders own 21.48% of the company’s stock.

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.