Motorpoint Group Plc (LON:MOTR – Get Free Report)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 124.54 and traded as high as GBX 129. Motorpoint Group shares last traded at GBX 125, with a volume of 100,476 shares trading hands.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on MOTR shares. Shore Capital Group reaffirmed a “house stock” rating on shares of Motorpoint Group in a report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of 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 data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 170.
Read Our Latest Report on Motorpoint Group
Motorpoint Group Stock Performance
Motorpoint Group (LON:MOTR – Get Free Report) last issued its earnings results on Wednesday, June 10th. The company reported GBX 6.60 earnings per share (EPS) for the quarter. The firm had revenue of GBX 126.86 billion during the quarter. Motorpoint Group had a net margin of 0.44% and a return on equity of 22.27%. Sell-side analysts forecast that Motorpoint Group Plc will post 3.5133843 earnings per share for the current fiscal year.
Insider Buying and Selling at Motorpoint Group
In related news, insider Keith Mansfield acquired 43,124 shares of Motorpoint Group stock in a transaction on Monday, July 27th. The stock was acquired at an average price of GBX 125 per share, for a total transaction of £53,905. 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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