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

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

Analyst Ratings Changes

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

Motorpoint Group Stock Performance

The firm has a market capitalization of £106.25 million, a P/E ratio of -1,388.89 and a beta of 1.00. The company has a current ratio of 1.20, a quick ratio of 0.12 and a debt-to-equity ratio of 422.83. The business’s 50 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 purchased 18,632 shares of Motorpoint Group stock in a transaction dated Wednesday, November 27th. The stock was purchased at an average cost of GBX 133 ($1.62) per share, for a total transaction of £24,780.56 ($30,257.09). 18.06% of the stock is owned by company insiders.

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.