Motorpoint Group (LON:MOTR) Stock Price Down 0.4% – Time to Sell?

Motorpoint Group Plc (LON:MOTR) fell 0.4% during mid-day trading on Thursday . The stock traded as low as GBX 122.50 ($1.54) and last traded at GBX 124 ($1.56). 7,916 shares were traded during mid-day trading, a decline of 87% from the average session volume of 62,098 shares. The stock had previously closed at GBX 124.50 ($1.57).

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Motorpoint Group in a research note on Tuesday, October 8th.

Motorpoint Group Stock Performance

The company has a current ratio of 1.20, a quick ratio of 0.12 and a debt-to-equity ratio of 422.83. The firm’s fifty day moving average price is GBX 150.95 and its two-hundred day moving average price is GBX 145.25. The stock has a market capitalization of £105.40 million, a PE ratio of -1,377.78 and a beta of 1.00.

About Motorpoint Group

Motorpoint Group Plc operates as independent omnichannel vehicle retailer in the United Kingdom. It operates through Retail and Wholesale segments. The company also offers new cars that are under four years old or have completed less than 30,000 miles; and range of commercial vehicles under the Motorpoint brand.