Vertu Motors (LON:VTU) Share Price Crosses Above 200-Day Moving Average - What's Next?

Vertu Motors plc (LON:VTU - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 57.65 ($0.77) and traded as high as GBX 61.90 ($0.83). Vertu Motors shares last traded at GBX 61 ($0.82), with a volume of 432,801 shares changing hands.

Vertu Motors Stock Up 1.6%

The company has a current ratio of 1.04, a quick ratio of 0.26 and a debt-to-equity ratio of 39.04. The firm has a market capitalization of £200.85 million, a price-to-earnings ratio of 10.78 and a beta of 1.15. The firm has a 50 day moving average price of GBX 62.98 and a two-hundred day moving average price of GBX 57.62.

Vertu Motors (LON:VTU - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported GBX 6.58 ($0.09) earnings per share for the quarter. Vertu Motors had a return on equity of 5.37% and a net margin of 0.40%. On average, equities analysts expect that Vertu Motors plc will post 8.9391576 earnings per share for the current fiscal year.

Insider Transactions at Vertu Motors

In related news, insider David Crane acquired 2,769 shares of Vertu Motors stock in a transaction that occurred on Monday, June 9th. The stock was purchased at an average price of GBX 65 ($0.87) per share, for a total transaction of £1,799.85 ($2,416.55). Also, insider Robert Forrester purchased 2,769 shares of the business's stock in a transaction that occurred on Monday, June 9th. The stock was bought at an average cost of GBX 65 ($0.87) per share, for a total transaction of £1,799.85 ($2,416.55). Insiders purchased 8,307 shares of company stock valued at $539,955 over the last 90 days. Corporate insiders own 29.37% 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.