Motorpoint Group (LON:MOTR) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Shares of Motorpoint Group Plc (LON:MOTR) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 128.45 ($1.62) and traded as low as GBX 122.50 ($1.54). Motorpoint Group shares last traded at GBX 123.38 ($1.55), with a volume of 7,131 shares.

Motorpoint Group Price Performance

The firm has a market capitalization of £104.35 million, a P/E ratio of -13.18 and a beta of 1.00. The business has a fifty day moving average of GBX 128.45 and a 200-day moving average of GBX 139.53. The company has a debt-to-equity ratio of 422.83, a quick ratio of 0.12 and a current ratio of 1.20.

Motorpoint Group (LON:MOTR) last issued its quarterly earnings data on Wednesday, November 27th. The company reported GBX 1.70 ($0.02) earnings per share (EPS) for the quarter. Motorpoint Group had a negative return on equity of 25.07% and a negative net margin of 0.77%. On average, sell-side analysts forecast that Motorpoint Group Plc will post 3.5133843 EPS for the current fiscal year.

Insider Buying and Selling at Motorpoint Group

In other news, insider Chris Morgan purchased 18,632 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was purchased at an average cost of GBX 133 ($1.67) per share, with a total value of £24,780.56 ($31,190.13). Also, insider Mark Carpenter sold 50,000 shares of the stock in a transaction on Friday, January 31st. The shares were sold at an average price of GBX 121 ($1.52), for a total value of £60,500 ($76,148.52). 18.06% of the stock is currently owned by corporate insiders.

About Motorpoint Group

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.