Motorpoint Group (LON:MOTR) Shares Up 12.6% – What’s Next?

Motorpoint Group Plc (LON:MOTR)’s stock price rose 12.6% during trading on Wednesday . The stock traded as high as GBX 134 ($1.68) and last traded at GBX 132 ($1.66). Approximately 223,901 shares traded hands during trading, an increase of 258% from the average daily volume of 62,538 shares. The stock had previously closed at GBX 117.25 ($1.47).

Analyst Ratings Changes

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

Motorpoint Group Trading Up 12.2 %

The company has a debt-to-equity ratio of 422.83, a quick ratio of 0.12 and a current ratio of 1.20. The firm has a fifty day moving average price of GBX 148.39 and a 200 day moving average price of GBX 144.58. The company has a market cap of £111.78 million, a price-to-earnings ratio of -1,302.78 and a beta of 1.00.

Motorpoint Group Company Profile

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.