Motorpoint Group PLC (LON:MOTR) hit a new 52-week high on Wednesday . The stock traded as high as GBX 295 ($3.85) and last traded at GBX 289 ($3.78), with a volume of 27517 shares traded. The stock had previously closed at GBX 263 ($3.44).
Separately, Liberum Capital reiterated a “buy” rating on shares of Motorpoint Group in a research note on Thursday, November 28th.
The stock has a market capitalization of $241.41 million and a price-to-earnings ratio of 16.71. The firm has a 50-day moving average of GBX 247.93 and a 200 day moving average of GBX 225.57. The company has a current ratio of 1.06, a quick ratio of 0.17 and a debt-to-equity ratio of 641.38.
In other news, insider David Shelton sold 2,396,726 shares of Motorpoint Group stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of GBX 210 ($2.74), for a total transaction of £5,033,124.60 ($6,576,668.76).
Motorpoint Group Company Profile (LON:MOTR)
Motorpoint Group Plc operates as an independent vehicle retailer in the United Kingdom. It primarily sells nearly-new vehicles and vehicles from various brands, including Ford, Vauxhall, Volkswagen, Nissan, Hyundai, Audi, BMW, and Mercedes-Benz. The company operates 12 retail sites across Great Britain.
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