Vertu Motors (LON:VTU) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• Vertu Motors' stock crossed above its 200-day moving average, trading as high as GBX 65.90 and last at GBX 64.91 on volume of 1,082,820 shares (200‑day MA GBX 62.20).
• Analysts maintain a positive view with a consensus "Buy" rating and an average price target of GBX 76, though Stifel trimmed its target from GBX 78 to GBX 76.
• Key fundamentals show a market cap of £199m and a P/E of 13.52, but the company has high leverage (debt‑to‑equity 66.13) and a low quick ratio of 0.26.

Vertu Motors plc (LON:VTU - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 62.20 and traded as high as GBX 65.90. Vertu Motors shares last traded at GBX 64.91, with a volume of 1,082,820 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on VTU shares. Shore Capital Group reaffirmed a "house stock" rating on shares of Vertu Motors in a report on Thursday, April 30th. Stifel Nicolaus lowered their price target on shares of Vertu Motors from GBX 78 to GBX 76 and set a "buy" rating on the stock in a report on Thursday, March 5th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of GBX 76.

Vertu Motors Price Performance

The business's fifty day simple moving average is GBX 60.92 and its 200-day simple moving average is GBX 62.20. The company has a current ratio of 1.02, a quick ratio of 0.26 and a debt-to-equity ratio of 66.13. The firm has a market cap of £199.00 million, a P/E ratio of 13.52 and a beta of 0.75.

About Vertu Motors

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.

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