Motorpoint Group (LON:MOTR) Reaches New 1-Year High - What's Next?

Motorpoint Group Plc (LON:MOTR - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 185 ($2.49) and last traded at GBX 182.50 ($2.45), with a volume of 35099 shares traded. The stock had previously closed at GBX 180 ($2.42).

Analysts Set New Price Targets

Separately, Shore Capital reissued a "house stock" rating on shares of Motorpoint Group in a research note on Tuesday, July 22nd.

Motorpoint Group Trading Up 0.3%

The company has a quick ratio of 0.12, a current ratio of 1.20 and a debt-to-equity ratio of 422.83. The firm has a market cap of £156.47 million, a P/E ratio of -19.76 and a beta of 1.00. The company's 50 day simple moving average is GBX 166.13 and its 200-day simple moving average is GBX 140.77.

Motorpoint Group (LON:MOTR - Get Free Report) last issued its earnings results on Thursday, June 12th. The company reported GBX 3.70 ($0.05) EPS for the quarter. Motorpoint Group had a negative net margin of 0.77% and a negative return on equity of 25.07%. As a group, research analysts predict 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.