Motorpoint Group's (MOTR) "House Stock" Rating Reiterated at Shore Capital

Key Points

• Shore Capital has reaffirmed its "house stock" rating for Motorpoint Group (MOTR), indicating confidence in the company's performance.
• The stock price of Motorpoint Group increased by 0.3% on Thursday, reaching GBX 157.40 with a trading volume of 82,986 shares.
• Motorpoint Group operates as the UK’s leading independent E-commerce omnichannel vehicle retailer, providing customers with a seamless way to buy, sell, and finance vehicles both online and offline.

Motorpoint Group (LON:MOTR - Get Free Report)'s stock had its "house stock" rating reaffirmed by analysts at Shore Capital in a report issued on Thursday,London Stock Exchange reports.

Motorpoint Group Trading Up 0.3%

LON MOTR traded up GBX 0.40 during trading hours on Thursday, reaching GBX 157.40. The company had a trading volume of 82,986 shares, compared to its average volume of 48,784. The stock has a 50-day moving average of GBX 171.09 and a 200 day moving average of GBX 158.24. Motorpoint Group has a 1-year low of GBX 115 and a 1-year high of GBX 190. 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 stock has a market capitalization of £129.29 million, a P/E ratio of 4,372.22 and a beta of 1.00.

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.

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