Motorpoint Group (LON:MOTR) Stock Crosses Below 50-Day Moving Average – Here’s Why

Motorpoint Group Plc (LON:MOTRGet Free Report)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 125.36 ($1.60) and traded as low as GBX 121.50 ($1.55). Motorpoint Group shares last traded at GBX 122 ($1.56), with a volume of 46,678 shares.

Motorpoint Group Price Performance

The firm has a market capitalization of £106.13 million, a PE ratio of -13.40 and a beta of 1.00. The firm’s fifty day moving average price is GBX 125.36 and its 200 day moving average price is GBX 138.16. The company has a current ratio of 1.20, a quick ratio of 0.12 and a debt-to-equity ratio of 422.83.

Insider Buying and Selling at Motorpoint Group

In other news, insider Mark Carpenter sold 50,000 shares of the firm’s stock in a transaction dated Friday, January 31st. The stock was sold at an average price of GBX 121 ($1.55), for a total transaction of £60,500 ($77,395.42). Company insiders own 18.06% of the company’s stock.

About Motorpoint Group

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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.

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