Motorpoint Group (LON:MOTR) Stock Price Down 1.9% – Time to Sell?

Motorpoint Group Plc (LON:MOTR)’s stock price traded down 1.9% on Wednesday . The stock traded as low as GBX 130.50 ($1.59) and last traded at GBX 130.50 ($1.59). 53,536 shares changed hands during trading, an increase of 105% from the average session volume of 26,078 shares. The stock had previously closed at GBX 133 ($1.62).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Motorpoint Group in a report on Tuesday, October 8th.

Motorpoint Group Price Performance

The company has a quick ratio of 0.12, a current ratio of 1.20 and a debt-to-equity ratio of 422.83. The firm has a market cap of £106.25 million, a PE ratio of -1,388.89 and a beta of 1.00. The firm’s fifty day simple moving average is GBX 132.70 and its two-hundred day simple moving average is GBX 142.65.

Insider Buying and Selling at Motorpoint Group

In related news, insider Chris Morgan bought 18,632 shares of the stock in a transaction dated Wednesday, November 27th. The shares were purchased at an average price of GBX 133 ($1.62) per share, with a total value of £24,780.56 ($30,257.09). Insiders own 18.06% of the company’s stock.

Motorpoint Group Company Profile

Motorpoint Group Plc operates as independent omnichannel vehicle retailer in the United Kingdom. It operates through Retail and Wholesale segments. The company also offers new cars that are under four years old or have completed less than 30,000 miles; and range of commercial vehicles under the Motorpoint brand.