Motorpoint Group Plc (LON:MOTR - Get Free Report)'s stock price shot up 12.6% during trading on Wednesday . The company traded as high as GBX 134 ($1.68) and last traded at GBX 132 ($1.66). 223,901 shares were traded during mid-day trading, an increase of 258% from the average session volume of 62,538 shares. The stock had previously closed at GBX 117.25 ($1.47).
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a "house stock" rating on shares of Motorpoint Group in a research report on Tuesday, October 8th.
Check Out Our Latest Stock Report on Motorpoint Group
Motorpoint Group Stock Up 14.7 %
The company has a market capitalization of £114.33 million, a price-to-earnings ratio of -1,461.11 and a beta of 1.00. 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 50 day simple moving average is GBX 148.39 and its 200-day simple moving average is GBX 144.58.
Motorpoint Group Company Profile
(
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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.
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