Vertu Motors (LON:VTU) Stock Price Crosses Above 200 Day Moving Average - Here's Why

Vertu Motors plc (LON:VTU - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 57.59 ($0.76) and traded as high as GBX 64.80 ($0.86). Vertu Motors shares last traded at GBX 62 ($0.82), with a volume of 784,730 shares traded.

Vertu Motors Stock Performance

The firm has a market cap of £196.32 million, a PE ratio of 10.54 and a beta of 1.15. The company has a debt-to-equity ratio of 39.04, a current ratio of 1.04 and a quick ratio of 0.26. The company has a 50 day simple moving average of GBX 54.60 and a 200-day simple moving average of GBX 57.61.

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.