Motorpoint Group (LON:MOTR) Hits New 12-Month High - Time to Buy?

Key Points

• Motorpoint Group Plc has reached a new 52-week high at GBX 187.50 ($2.52), continuing a positive trading trend with a current price of GBX 183.50 ($2.47).
• The company reported a negative return on equity of 25.07% and a negative net margin of 0.77%, highlighting challenges despite rising stock prices.
• Motorpoint Group operates as a leading independent E-commerce vehicle retailer in the UK, focusing on seamless buying, selling, and financing of cars.

Motorpoint Group Plc (LON:MOTR - Get Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 187.50 ($2.52) and last traded at GBX 183.50 ($2.47), with a volume of 22669 shares. The stock had previously closed at GBX 184.50 ($2.48).

Analyst Upgrades and Downgrades

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

Motorpoint Group Price Performance

The company has a current ratio of 1.20, a quick ratio of 0.12 and a debt-to-equity ratio of 422.83. The company's fifty day moving average is GBX 173.51 and its two-hundred day moving average is GBX 144.52. The stock has a market cap of £155.20 million, a price-to-earnings ratio of -19.60 and a beta of 1.00.

Motorpoint Group (LON:MOTR - Get Free Report) last issued its quarterly earnings data on Thursday, June 12th. The company reported GBX 3.70 ($0.05) 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%. As a group, research analysts predict that Motorpoint Group Plc will post 3.5133843 earnings per share for the current 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.