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Insider Selling: Vertu Motors plc (LON:VTU) Insider Sells 196,736 Shares of Stock

Vertu Motors logo with Consumer Cyclical background

Vertu Motors plc (LON:VTU - Get Free Report) insider David Crane sold 196,736 shares of the firm's stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of GBX 66 ($0.86), for a total value of £129,845.76 ($168,390.30).

Vertu Motors Trading Down 1.6 %

LON VTU traded down GBX 1.10 ($0.01) during mid-day trading on Tuesday, hitting GBX 65.90 ($0.85). The company's stock had a trading volume of 1,200,279 shares, compared to its average volume of 611,580. The firm has a market capitalization of £217.38 million, a P/E ratio of 940.00 and a beta of 1.15. The company has a debt-to-equity ratio of 58.72, a current ratio of 1.03 and a quick ratio of 0.26. Vertu Motors plc has a 52-week low of GBX 56.70 ($0.74) and a 52-week high of GBX 88.02 ($1.14). The stock's fifty day simple moving average is GBX 65.11 and its two-hundred day simple moving average is GBX 70.83.

Vertu Motors Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 17th. Stockholders of record on Thursday, December 12th will be paid a GBX 0.90 ($0.01) dividend. This represents a dividend yield of 1.56%. The ex-dividend date is Thursday, December 12th. Vertu Motors's dividend payout ratio is presently 2,857.14%.

Vertu Motors Company Profile

(Get Free Report)

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.

Further Reading

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