Motorpoint Group (LON:MOTR) Stock Crosses Above 50 Day Moving Average - What's Next?

Shares of Motorpoint Group Plc (LON:MOTR - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 124.29 ($1.60) 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 trading hands.

Motorpoint Group Stock Up 0.8 %

The company has a market capitalization of £109.95 million, a PE ratio of -13.89 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 business has a fifty day moving average of GBX 124.47 and a 200 day moving average of GBX 134.83.

Insider Activity

In other news, insider Mark Carpenter sold 50,000 shares of the company'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 ($78,014.18). Insiders own 18.06% of the company's stock.

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.