Motorpoint Group Plc (LON:MOTR – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 125.06 and traded as high as GBX 127.50. Motorpoint Group shares last traded at GBX 125, with a volume of 984,747 shares traded.
Wall Street Analyst Weigh In
Several analysts have issued reports on MOTR shares. Shore Capital Group restated a “house stock” rating on shares of Motorpoint Group in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft decreased their target price on Motorpoint Group from GBX 180 to GBX 170 and set a “buy” rating on the stock in a report on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 170.
Read Our Latest Research Report on MOTR
Motorpoint Group Stock Up 0.6%
Motorpoint Group (LON:MOTR – Get Free Report) last released its quarterly earnings results on Wednesday, June 10th. The company reported GBX 6.60 earnings per share for the quarter. The firm had revenue of GBX 126.86 billion for the quarter. Motorpoint Group had a net margin of 0.44% and a return on equity of 22.27%. As a group, equities research analysts anticipate that Motorpoint Group Plc will post 3.5133843 earnings per share for the current fiscal year.
Insider Buying and Selling at Motorpoint Group
In other news, insider Keith Mansfield purchased 43,124 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was acquired at an average cost of GBX 125 per share, with a total value of £53,905. Company insiders own 22.21% of the company’s stock.
Motorpoint Group Company Profile
Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.
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