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Motorpoint Group (LON:MOTR) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

Motorpoint Group logo with Consumer Discretionary background
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Motorpoint Group Plc (LON:MOTR - Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 124.54 and traded as high as GBX 129. Motorpoint Group shares last traded at GBX 125, with a volume of 100,476 shares.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on MOTR shares. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Motorpoint Group from GBX 180 to GBX 170 and set a "buy" rating for the company in a research note on Tuesday, June 16th. Shore Capital Group reissued a "house stock" rating on shares of Motorpoint Group in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of GBX 170.

Get Our Latest Stock Analysis on Motorpoint Group

Motorpoint Group Price Performance

The business's 50 day moving average is GBX 124.54 and its two-hundred day moving average is GBX 127.60. The company has a debt-to-equity ratio of 856.92, a quick ratio of 0.12 and a current ratio of 1.00. The firm has a market capitalization of £99.54 million, a PE ratio of 18.94 and a beta of 0.82.

Motorpoint Group (LON:MOTR - Get Free Report) last released its quarterly earnings results on Wednesday, June 10th. The company reported GBX 6.60 earnings per share (EPS) for the quarter. The business had revenue of GBX 126.86 billion during the quarter. Motorpoint Group had a return on equity of 22.27% and a net margin of 0.44%. Equities research analysts anticipate that Motorpoint Group Plc will post 3.5133843 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Keith Mansfield purchased 43,124 shares of the stock in a transaction on Monday, July 27th. The shares were acquired at an average price of GBX 125 per share, with a total value of £53,905. Insiders own 22.21% of the company's stock.

About Motorpoint Group

(Get Free Report)

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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