Vertu Motors plc (LON:VTU - Get Free Report)'s share price dropped 0.3% during mid-day trading on Wednesday . The company traded as low as GBX 60.30 ($0.77) and last traded at GBX 61.50 ($0.78). Approximately 120,338 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 655,047 shares. The stock had previously closed at GBX 61.70 ($0.78).
Vertu Motors Trading Up 1.5 %
The stock has a market cap of £205.84 million, a price-to-earnings ratio of 878.57 and a beta of 1.15. The business's 50 day simple moving average is GBX 62.43 and its 200 day simple moving average is GBX 69.43. The company has a quick ratio of 0.26, a current ratio of 1.03 and a debt-to-equity ratio of 58.72.
Vertu Motors Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, January 17th. Shareholders of record on Thursday, December 12th will be paid a GBX 0.90 ($0.01) dividend. The ex-dividend date is Thursday, December 12th. This represents a yield of 1.56%. Vertu Motors's dividend payout ratio is 2,857.14%.
Insider Transactions at Vertu Motors
In related news, insider David Crane sold 196,736 shares of the company's stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 66 ($0.84), for a total value of £129,845.76 ($164,988.26). 29.37% of the stock is currently owned by corporate insiders.
About Vertu Motors
(
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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.
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