Motorpoint Group (LON:MOTR) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

Motorpoint Group Plc (LON:MOTR) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 128.45 ($1.62) and traded as low as GBX 122.50 ($1.54). Motorpoint Group shares last traded at GBX 123.38 ($1.55), with a volume of 7,131 shares traded.

Motorpoint Group Trading Down 0.7 %

The business has a fifty day simple moving average of GBX 128.17 and a 200-day simple moving average of GBX 139.40. The company has a debt-to-equity ratio of 422.83, a quick ratio of 0.12 and a current ratio of 1.20. The firm has a market cap of £104.35 million, a price-to-earnings ratio of -13.18 and a beta of 1.00.

Motorpoint Group (LON:MOTR) last issued its earnings results on Wednesday, November 27th. The company reported GBX 1.70 ($0.02) earnings per share (EPS) for the quarter. Motorpoint Group had a negative return on equity of 25.07% and a negative net margin of 0.77%. As a group, equities analysts forecast that Motorpoint Group Plc will post 3.5133843 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Chris Morgan purchased 18,632 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was bought at an average price of GBX 133 ($1.67) per share, with a total value of £24,780.56 ($31,190.13). Also, insider Mark Carpenter sold 50,000 shares of the stock in a transaction dated Friday, January 31st. The shares were sold at an average price of GBX 121 ($1.52), for a total value of £60,500 ($76,148.52). Insiders own 18.06% of the company’s stock.

About Motorpoint Group

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.