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

Key Points

• Vertu Motors shares moved above their 200-day moving average, trading as high as GBX 77.50 before last changing hands at GBX 75. The 200-day average was GBX 65.
• Analysts remain constructive on the stock, with Shore Capital reiterating a "house stock" rating and MarketBeat showing a consensus Buy rating with an average target price of GBX 76.
• Insider selling has been notable, including large share sales by Karen Anderson and David Crane on May 13, with insiders selling a total of 1.58 million shares over the last 90 days.

Vertu Motors plc (LON:VTU - Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 65 and traded as high as GBX 77.50. Vertu Motors shares last traded at GBX 75, with a volume of 387,390 shares traded.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a "house stock" rating on shares of Vertu Motors in a research report on Wednesday, June 24th. One analyst has rated the stock with a Buy rating, According to MarketBeat, Vertu Motors currently has a consensus rating of "Buy" and an average target price of GBX 76.

Vertu Motors Stock Down 0.8%

The company has a market capitalization of £229.07 million, a P/E ratio of 17.48 and a beta of 0.80. The company has a quick ratio of 0.26, a current ratio of 1.02 and a debt-to-equity ratio of 64.98. The firm has a fifty day simple moving average of GBX 70.66 and a 200-day simple moving average of GBX 65.

Vertu Motors (LON:VTU - Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported GBX 4.62 earnings per share for the quarter. Vertu Motors had a return on equity of 4.05% and a net margin of 0.30%.The business had revenue of GBX 483.38 billion for the quarter. On average, equities research analysts expect that Vertu Motors plc will post 8.9391576 EPS for the current fiscal year.

Insider Activity at Vertu Motors

In other Vertu Motors news, insider Karen Anderson sold 524,839 shares of Vertu Motors stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of GBX 65, for a total value of £341,145.35. Also, insider David Crane sold 1,041,147 shares of the company's stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of GBX 65, for a total transaction of £676,745.55. Insiders have sold a total of 1,580,026 shares of company stock worth $102,701,690 over the last 90 days. Corporate insiders own 4.60% of the company's stock.

Vertu Motors Company Profile

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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