Motorpoint Group (LON:MOTR) Trading Down 0.4% – Here’s Why

Motorpoint Group Plc (LON:MOTR)’s share price was down 0.4% during mid-day trading on Thursday . The stock traded as low as GBX 122.50 ($1.54) and last traded at GBX 124 ($1.55). Approximately 7,916 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 62,098 shares. The stock had previously closed at GBX 124.50 ($1.56).

Analyst Upgrades and Downgrades

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

Motorpoint Group Stock Down 3.2 %

The firm has a 50 day moving average of GBX 149.74 and a two-hundred day moving average of GBX 144.92. 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 capitalization of £102 million, a price-to-earnings ratio of -1,333.33 and a beta of 1.00.

About Motorpoint Group

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.