Motorpoint Group (LON:MOTR) Insider Mark Carpenter Sells 100,000 Shares

Motorpoint Group Plc (LON:MOTR) insider Mark Carpenter sold 100,000 shares of the stock in a transaction on Thursday, November 27th. The stock was sold at an average price of GBX 139, for a total value of £139,000.

Motorpoint Group Price Performance

LON MOTR opened at GBX 140.50 on Wednesday. The company has a market cap of £115.41 million, a PE ratio of 39.03 and a beta of 1.00. Motorpoint Group Plc has a 52 week low of GBX 115 and a 52 week high of GBX 190. 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’s 50-day simple moving average is GBX 152.07 and its two-hundred day simple moving average is GBX 163.79.

Motorpoint Group (LON:MOTR) last posted its earnings results on Wednesday, November 12th. The company reported GBX 3.20 earnings per share for the quarter. Motorpoint Group had a negative net margin of 0.77% and a negative return on equity of 25.07%. Research analysts predict that Motorpoint Group Plc will post 3.5133843 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on MOTR. Shore Capital reissued a “house stock” rating on shares of Motorpoint Group in a report on Wednesday, November 12th. Deutsche Bank Aktiengesellschaft decreased their price objective on Motorpoint Group from GBX 200 to GBX 190 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 190.

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.