Motorpoint Group (LON:MOTR) Trading Up 2.9% – Here’s What Happened

Shares of Motorpoint Group Plc (LON:MOTR) were up 2.9% during mid-day trading on Tuesday . The company traded as high as GBX 159 ($2.13) and last traded at GBX 159 ($2.13). Approximately 511 shares were traded during trading, a decline of 99% from the average daily volume of 47,210 shares. The stock had previously closed at GBX 154.50 ($2.07).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Motorpoint Group in a research report on Thursday, October 9th.

Motorpoint Group Price Performance

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 stock has a market capitalization of £130.60 million, a price-to-earnings ratio of 44.17 and a beta of 1.00. The company has a 50-day moving average of GBX 166.12 and a 200-day moving average of GBX 160.38.

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.