Vertu Motors (LON:VTU) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Vertu Motors plc (LON:VTU) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 61.81 and traded as high as GBX 64.70. Vertu Motors shares last traded at GBX 64, with a volume of 253,876 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Vertu Motors in a report on Tuesday, November 4th.

Vertu Motors Stock Performance

The company has a debt-to-equity ratio of 39.04, a quick ratio of 0.26 and a current ratio of 1.04. The stock has a 50-day moving average of GBX 61.95 and a 200-day moving average of GBX 61.81. The firm has a market cap of £199.02 million, a price-to-earnings ratio of 13.42 and a beta of 1.15.

Vertu Motors (LON:VTU) last posted its earnings results on Wednesday, October 8th. The company reported GBX 4.46 EPS for the quarter. Vertu Motors had a net margin of 0.40% and a return on equity of 5.37%. As a group, analysts anticipate that Vertu Motors plc will post 8.9391576 EPS for the current fiscal year.

Vertu Motors Company Profile

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors.