Shore Capital Reiterates House Stock Rating for Motorpoint Group (LON:MOTR)

Motorpoint Group (LON:MOTR)‘s stock had its “house stock” rating restated by equities researchers at Shore Capital in a research note issued to investors on Wednesday,Digital Look reports.

Motorpoint Group Stock Up 1.3%

Shares of LON:MOTR traded up GBX 2 during midday trading on Wednesday, reaching GBX 156.50. The company had a trading volume of 21,110 shares, compared to its average volume of 44,339. Motorpoint Group has a one year low of GBX 115 and a one year high of GBX 190. 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 stock has a market capitalization of £128.55 million, a P/E ratio of 43.47 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 posted its quarterly earnings results on Wednesday, November 12th. The company reported GBX 3.20 EPS for the quarter. Motorpoint Group had a negative return on equity of 25.07% and a negative net margin of 0.77%. Equities research analysts expect that Motorpoint Group will post 3.5133843 earnings per share for the current fiscal year.

About Motorpoint Group

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.