Motorpoint Group (LON:MOTR) Reaches New 52-Week High - What's Next?

Key Points

• Motorpoint Group's stock reached a new 52-week high of GBX 187.50 ($2.51) during trading, closing last at GBX 180.50 ($2.41) with a total volume of 642,841 shares.
• Analysts from Shore Capital have reiterated a "house stock" rating for Motorpoint Group, suggesting continued confidence in the company's prospects.
• Motorpoint Group reported a quarterly earnings per share of GBX 3.70 ($0.05) but faces challenges with a net margin of -0.77% and a return on equity of -25.07%.

Motorpoint Group Plc (LON:MOTR - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 187.50 ($2.49) and last traded at GBX 180.50 ($2.40), with a volume of 642841 shares traded. The stock had previously closed at GBX 184 ($2.44).

Wall Street Analyst Weigh In

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

Motorpoint Group Stock Performance

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 stock has a market cap of £156.47 million, a P/E ratio of -19.76 and a beta of 1.00. The stock has a 50-day moving average price of GBX 170.19 and a 200-day moving average price of GBX 142.68.

Motorpoint Group (LON:MOTR - Get Free Report) last announced its earnings results on Thursday, June 12th. The company reported GBX 3.70 ($0.05) earnings per share for the quarter. Motorpoint Group had a negative net margin of 0.77% and a negative return on equity of 25.07%. On average, equities research analysts expect that Motorpoint Group Plc will post 3.5133843 EPS 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.