Vertu Motors (LON:VTU) Share Price Passes Below 200 Day Moving Average – Here’s Why

Vertu Motors plc (LON:VTU) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 61.79 and traded as low as GBX 61.30. Vertu Motors shares last traded at GBX 63.20, with a volume of 2,123,257 shares traded.

Analyst Upgrades and Downgrades

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

Vertu Motors Trading Down 0.3%

The company has a 50-day moving average price of GBX 62.24 and a two-hundred day moving average price of GBX 61.79. The stock has a market cap of £195.91 million, a P/E ratio of 13.21 and a beta of 1.15. The company has a current ratio of 1.04, a quick ratio of 0.26 and a debt-to-equity ratio of 39.04.

Vertu Motors (LON:VTU) last issued its quarterly earnings results on Wednesday, October 8th. The company reported GBX 4.46 earnings per share (EPS) for the quarter. Vertu Motors had a return on equity of 5.37% and a net margin of 0.40%. On average, research analysts expect that Vertu Motors plc will post 8.9391576 EPS for the current fiscal year.

About Vertu Motors

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.