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

Motorpoint Group Plc (LON:MOTR) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 124.29 ($1.61) and traded as high as GBX 127 ($1.64). Motorpoint Group shares last traded at GBX 127 ($1.64), with a volume of 21,984 shares changing hands.

Motorpoint Group Trading Up 1.4 %

The stock has a market cap of £107.41 million, a PE ratio of -13.56 and a beta of 1.00. The company’s 50-day moving average price is GBX 124.29 and its 200 day moving average price is GBX 135.22. The company has a debt-to-equity ratio of 422.83, a quick ratio of 0.12 and a current ratio of 1.20.

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 on Friday, January 31st. The stock was sold at an average price of GBX 121 ($1.56), for a total transaction of £60,500 ($78,215.90). 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.