Motorpoint Group (LON:MOTR) Sets New 52-Week High – What’s Next?

Motorpoint Group Plc (LON:MOTR)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 174.50 ($2.27) and last traded at GBX 173 ($2.25), with a volume of 27948 shares traded. The stock had previously closed at GBX 171 ($2.22).

Analyst Ratings Changes

Separately, Shore Capital reissued a “house stock” rating on shares of Motorpoint Group in a research note on Tuesday, October 8th.

Motorpoint Group Stock Down 0.6 %

The stock has a market capitalization of £146.20 million, a price-to-earnings ratio of -1,922.22 and a beta of 1.00. The company has a quick ratio of 0.12, a current ratio of 1.20 and a debt-to-equity ratio of 422.83. The business’s 50-day moving average is GBX 151.32 and its two-hundred day moving average is GBX 144.51.

About Motorpoint Group

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.