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

Key Points

• Vertu Motors plc shares have recently crossed above their two hundred day moving average, trading at GBX 61 ($0.81) with a market cap of £195.31 million.
• The company reported an EPS of GBX 6.58 ($0.09) in its latest earnings announcement, with analysts expecting approximately 8.94 EPS for the current year.
• Insiders have shown confidence in the company by purchasing a total of 8,307 shares valued at $539,955 in the past ninety days, indicating substantial insider ownership at 29.37%.

Vertu Motors plc (LON:VTU - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 58.14 ($0.78) and traded as high as GBX 61 ($0.82). Vertu Motors shares last traded at GBX 61 ($0.82), with a volume of 223,959 shares changing hands.

Vertu Motors Price Performance

The stock has a market capitalization of £198.91 million, a PE ratio of 10.68 and a beta of 1.15. The firm's 50-day moving average price is GBX 62.43 and its 200-day moving average price is GBX 58.28. The company has a current ratio of 1.04, a quick ratio of 0.26 and a debt-to-equity ratio of 39.04.

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

Insider Transactions at Vertu Motors

In related news, insider Karen Anderson bought 2,769 shares of the company's stock in a transaction dated Monday, June 9th. The stock was acquired at an average cost of GBX 65 ($0.87) per share, with a total value of £1,799.85 ($2,419.80). Also, insider David Crane acquired 2,769 shares of the company's stock in a transaction that occurred on Monday, June 9th. The shares were bought at an average price of GBX 65 ($0.87) per share, for a total transaction of £1,799.85 ($2,419.80). In the last 90 days, insiders purchased 8,307 shares of company stock valued at $539,955. Insiders own 29.37% of the company's stock.

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.