Vertu Motors (LON:VTU) Stock Crosses Below 200-Day Moving Average - Here's What Happened

Vertu Motors plc (LON:VTU - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 65.73 ($0.80) and traded as low as GBX 53.70 ($0.66). Vertu Motors shares last traded at GBX 55.90 ($0.68), with a volume of 462,210 shares.

Vertu Motors Stock Performance

The company has a debt-to-equity ratio of 58.72, a quick ratio of 0.26 and a current ratio of 1.03. The stock has a 50 day moving average of GBX 60.39 and a 200 day moving average of GBX 65.58. The stock has a market capitalization of £184.73 million, a P/E ratio of 800.00 and a beta of 1.15.

Insider Buying and Selling

In other news, insider David Crane sold 196,736 shares of the business's stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of GBX 66 ($0.81), for a total transaction of £129,845.76 ($158,871.60). Corporate insiders own 29.37% of the company's stock.

About Vertu Motors

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.